Solitaire Company's fixed budget performance report for June follows. The $307,500 budgeted expenses include $270,600 variable expenses and $36,900 fixed expenses. Actual expenses include $43,500 fixed expenses Actual Fixed Budget Variances Results 10,600 Sales (in units) Sales (in dollars) Total expenses Income from operations 8,200 $120,000 F 63,500 U $410,000 307,500 $102,506e $530,000 371,000 $159,000 $ 56,500 F Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately Answer is not complete. SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Flexible Budget Actual Results Fav./Unf No variance Favorable Favorable Unfavorable Favorable Variances $ 530,000 530,000 Sales Variable expenses Contribution margin Fixed expenses Income from operations 349,800 36.900 43,500 $ 159,000