Required information [The following information applies to the questions displayed below] The fixed budget for 20,400 units of production shows sales of $489,600; variable costs of $61,200; and fixed costs of $140,000. The company's actual sales were 27,100 units at $600,400. Actual variable costs were $113,700 and actual fixed costs were $136,000. 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.) Required information [The following information applies to the questions displayed below] The fixed budget for 20,400 units of production shows sales of $489,600; variable costs of $61,200; and fixed costs of $140,000. The company's actual sales were 27,100 units at $600,400. Actual variable costs were $113,700 and actual fixed costs were $136,000. 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.)