Saved Beech Company produced and sold 107,000 units of its product in May. For the level of production achieved in May, the budgeted amounts were: sales, $1,290,000; variable costs, $848,000; and fixed costs, $320,000. The following actual financial results are available for May. Actual Sales (107,000 units) Variable costs Fixed costs $1,263,000 818,500 20,000 ed Prepare a flexible budget performance report for May ook int ences BEECH COMPANY Flexible Budget Performance Report For Month Ended May 31 Favorablel Unfavorable Flexible Budget Actual Results Variances Contribution margin