Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Brodrick Company expects to produce 21,000 units for the year ending December 31. A flexible budget for 21,000 units of production reflects sales of $462,000; variable costs of $63,000; and fixed costs of $141,000. QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 26,400 units for the year, calculate the expected level of income from operations. -----Flexible Budget at ----Flexible Budget------ Variable Total Fixed Amount per Cost Unit 21,000 units 26,400 units Contribution margin QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $531,800 (26,400 units), actual variable costs for the year are $113,100, and actual fixed costs for the year are $135,000. Prepare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable! Unfavorable Contribution margin