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The fixed budget for $20,000$ units of production shows sales of $$400,000$; variable costs of $$80,000$; and fixed costs of $$150,000.$

The company's actual sales were $26,000$ units at $$480,000.$ Actual variable costs were $$112,000$ and actual fixed costs were $$145,000.$

Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.

$\backslash$table$[[$Flexible Budget Performance Report$],[,$Flexible Budget,Actual Results,Variances,$\backslash$table$[[$Favorable or$],[$Unfavorable$]]],[,,,,],[,,,,],[,,,,],[,,,,],[,,,,]]$