Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The fixed budget for 21,300 units of production shows sales of $468,600; variable costs of $63,900; and fixed costs of $142,000. QS 23-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26,900 units at $542,800. Actual variable costs were $113,300 and actual fixed costs were $135,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance