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 20,300 units for the year ending December 31. A flexible budget for 20,300 units of production reflects sales of $426,300; variable costs of $60,900; and fixed costs of $143,000. QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 27,200 units for the year, calculate the expected level of income from operations. ------Flexible Budget-..... Variable Total Fixed Amount per Cost Unit ------Flexible Budget at 20,300 units 27,200 units Contribution margin $ 0.00 $ 0 $ 0 $ 0 $ QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $531,200 (27,200 units), actual variable costs for the year are $113,100, 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 Flexible Budget Actual Results Variances Favorable/ Unfavorable Contribution margin 0 0 $ 0 $ 0