Required information [The following information applies to the questions displayed below.] The fixed budget for 20,700 units of production shows sales of $434,700; variable costs of $62,100; and fixed costs of $144,000. The company's actual sales were 26,900 units at $522,900. Actual variable costs were $113,600 and actual fixed costs were $131,000. 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.)