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Required Information [The following information applies to the questions displayed below.] The fixed budget for 21,000 units of production shows sales of $525,000; variable costs

image text in transcribedimage text in transcribed Required Information [The following information applies to the questions displayed below.] The fixed budget for 21,000 units of production shows sales of $525,000; variable costs of $63,000; and fixed costs of $141,000. The company's actual sales were 26,900 units at $629,500. Actual variable costs were $113,600 and actual fixed costs were $137,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indlcate the effect of each varlance by selecting fovorable, unfovorable, or no varlance.) Required Information [The following information applies to the questions displayed below.] The fixed budget for 21,000 units of production shows sales of $525,000; variable costs of $63,000; and fixed costs of $141,000. If the company actually produces and sells 26,900 units, calculate the flexible budget income

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