Required information [The following information applies to the questions displayed below.] The fixed budget for 21,500 units of production shows sales of $516,000; variable costs of $64,500; and fixed costs of $141,000 If the company actually produces and selis 26,800 units, calculate the flexible budget income. Required information [The following information applies to the questions displayed below.] The fixed budget for 21,500 units of production shows sales of $516,000; variable costs of $64,500; and fixed costs of $141,000. The company's actual sales were 26,800 units at $597,200. Actual variable costs were $113,300 and actual fixed costs were $130,000. 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