S 23-2 (Algo) Flexible budget cost calculations LO P1 Based on predicted production of 25,200 units, a company budgets $290,000 of fixed costs and $327,600 of variable costs. If the company actually produces 18,500 units, what are the flexible budget amounts of fixed and variable costs? ------Flexible Budget------ Variable Amount per Unit Total Fixed Cost 18,500 units ! 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 20,300 units of production shows sales of $568,400; variable costs of $60,900; and fixed costs of $142,000. QS 23-3 (Algo) Flexible budget income calculation LO P1 If the company actually produces and sells 27,400 units, calculate the flexible budget income. ------Flexible Budget------ ------Flexible Budget at Variable Amount per Unit Total Fixed Cost 20,300 units 27,400 units Contribution margin $ 0 $ 0 $ 0 $ 0 $ 0 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 20,300 units of production shows sales of $568,400; variable costs of $60,900; and fixed costs of $142,000. QS 23-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 27,400 units at $721,200. Actual variable costs were $113,100 and actual fixed costs were $133,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Contribution margin Flexible Budget Performance Report Flexible Budget Actual Results Variances Favorable/ Unfavorable