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 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $524,000 (26,000 units), actual variable costs for the year are $113,000, and actual fixed costs for the year are $132,000. 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 0 0 $ 0 $ 0