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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

image text in transcribed 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 21,000 units of production shows sales of \\( \\$ 462,000 \\); variable costs of \\( \\$ 63,000 \\); and fixed costs of \\( \\$ 144,000 \\). 2S 21-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 27,300 units at \\( \\$ 554,600 \\). Actual variable costs were \\( \\$ 113,600 \\) and actual fixed costs were \\( \\$ 135,000 \\). Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each rariance by selecting favorable, unfavorable, or no variance.)

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