Solitaire Companys fixed budget performance report for June follows. The $337,500 budgeted expenses include $270,000 variable expenses and $67,500 fixed expenses. Actual expenses include $73,800 fixed expenses.

	Fixed Budget			Actual Results			Variances
Sales (in units)		9,000			11,400
Sales (in dollars)	$	450,000		$	570,000		$	120,000	F
Total expenses		337,500			399,000			129,000	U
Income from operations	$	180,000		$	171,000		$	-9,000	F

Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately.

Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Favorable Unfavorable Flexible Budget Actual Results Variances Sales 570,000 ariable expenses Contribution margin Fixed expenses Income from operations