Required information [The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,400 units for the year ending December 31. A flexible budget for 20,400 units of production reflects sales of $408,000; variable costs of $61,200; and fixed costs of $141,000. If the company instead expects to produce and sell 26,300 units for the year, calculate the expected level of income from operations. ------Flexible Budget------ ------Flexible Budget at ----- Variable Amount per Unit Total Fixed Cost 20,400 units 26,300 units Sales $ 0.00 $ 0 $ 0 Variable cost Contribution margin Fixed costs Income from operations $ 0 $ 0 Required information [The following information applies to the questions displayed below.) Brodrick Company expects to produce 20,400 units for the year ending December 31. A flexible budget for 20,400 units of production reflects sales of $408,000; variable costs of $61,200; and fixed costs of $141,000. Assume that actual sales for the year are $479,000 (26,300 units), actual variable costs for the year are $113,300, and actual fixed costs for the year are $131,000. Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable! Unfavorable Contribution margin 0 0 $ 0 $ 0