Required information [The following information applies to the questions displayed below] The fixed budget for 20,000 units of production shows sales of $400,000; variable costs of $80,000; and ifixed 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 cosits wrere $145,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effiect of each variance by selecting favorable, unfavorable, or no variance.)