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Solitalre Company's fixed budget performance report for June follows. The $315,000 budgeted expenses Include $294,000 varlable expenses and $21,000 fixed expenses. Actual expenses Include $27000

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Solitalre Company's fixed budget performance report for June follows. The $315,000 budgeted expenses Include $294,000 varlable expenses and $21,000 fixed expenses. Actual expenses Include $27000 fixed expenses. Actual Fixed Budget Results Variances Sales (in units) Sales (in dollars) Total expenses Income from operations 8,400 1e,00 $428,eee $548,ee0 $120,000 F 63,090 U 315,ee8 378,800 Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and vartiable expenses separately SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Flexible Budget Actual Results Variances Fav.iUnf Contribution margitn

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