The fixed budget for 20,000 units of production shows sales of $400,000; variable costs of $80,000 and fixed costs of $150,000. The company's actual sales were 26,000 units at $480,000. Actual variable costs were $112,000 and actual fixed costs were $145,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. A manufacturing company reports the following standards. The company produces 1,200 units and incurs actual total costs of $135,000 this period. Prepare the standard cost card and then compute the budgeted standard cost and the cost variance. Label the variance as favorable or unfavorable. Standard auantitv and Price ver Unit Budgeted Cost (1 2.00 units)