Required information

$[$The following information applies to the questions displayed below.$]$

The fixed budget for $20,600$ units of production shows sales of $$597,400$; variable costs of $$61,800$; and fixed costs of $$143,000.$

The company's actual sales were $26,500$ units at $$720,500.$ Actual variable costs were $$113,100$ and actual fixed costs were $$133,000.$

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.$)$

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