Phoenix Company reports the following actual results. Actual sales were 18,400 units. Sales (18,400 units) $ 3,910,000 Costs $ 1,210,720 283,360 64,400 300,000 207,000 286, 120 Direct materials Direct labor Sales staff commissions Depreciation-Machinery Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation-Office equipment Income 272,000 601,300 191,000 494, 100 Required: Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "No variance" and enter "0" for zero variance.)