Part 2012 Required information The following information applies to the questions displayed below! The fixed budget for 20,600 units of production shows sales of $494,400; variable costs of $61,800, and fewed costs of $143,000 4 points wo The company's actual sales were 26,400 units at $588,600. Actual variable costs were $113,100 and actual fixed costs were $138,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Hunt Print Flexible Budget Performance Report References Flexible Budget Actual Results 5 Sales Variable costs Contribution margin Fixed costs Income 588,600 113.100 475,500 138.000 337,500 Favorable! Variances Unfavorable Unfavorable Unfavorable Unfavorable 5.000 favorable Unfavorable 143,000 (143.000) $ $