QS 21-1 (Algo) Flexible budget performance report LO P1 Beech Company produced and sold 107,000 units in May, For the level of production in May, budgeted amounts were sales. $1,390,000; variable costs, $839,000; and fixed costs, $370,000. The following actual results are avallable 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.)