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Requirea intormation The following information applies to the questions displayed below. ] The fixed budget for 2 0 , 3 0 0 units of production

Requirea intormation
The following information applies to the questions displayed below.]
The fixed budget for 20,300 units of production shows sales of $487,200; variable costs of $60,900; and fixed costs of $140,000.
The company's actual sales were 26,100 units at $586,400. Actual variable costs were $113,700 and actual fixed costs were $137,000.
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.)
\table[[,Flexible Budget Performance Report,],[,Flexible Budget,Actual Results,Variances,\table[[Favorablel],[Unfavorable]]],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,]]
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