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 20,100 units for the year ending December 31. A flexible budget for 20,100 units of production reflects sales of $422,100; variable costs of $60,300; and fixed costs of $143,000 QS 21-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $532,500 (27,500 units), actual variable costs for the year are $113,200, and actual fixed costs for the year are $137,000 Prepare a flexible budget performance report for the year BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Favorable/ Unfavorable Flexible Budget Actual ResltsVariances $ 532,500 113,200 419,300 137,000 $(143,000) $ 282,300 Sales riable expenses Contribution margin nfavorable xed expenses 143,000 6,000 Favorable ncome from operations