Solitaire Company's fixed budget performance report for June tollows. The $607,500 budgeted expenses include $656 100 variable expenses and $48,600 fixed expenses. Actual expenses include $60 600 fixed expenses Sales (in units) Fixed Budget Actual Results Varances 8,100 10,500 Sales (in dollars) Total expenses $810 000 607 500 $1050,000 735,000 $240 000 F 127 500 U Income from operations $202,500 $ 315,000 $112 500 Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses soparately SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Flexible Budget Actual Results Variances 1,050,000 $ 1,050,000 $ 0 850,500 674.400 176,100 Sales Variable expenses Contribution margin Fored expenses Income from operations Favorable/ Unfavorable No variance Favorable Favorable Unfavorable Favorable 48,600 60,500 (12,000)