OS 21-1 (Algo) Flexible budget performance report LO P1 Beech Company produced and sold 114,000 units in May. For the level of production in May, budgeted amounts were sales, $1,260,000; variable costs, $834,000, and fluced costs, $230,000. The following actual results are available for May. Prepare a flexible budget performance report for May. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)