The fixed budget for 20,100 units of production shows sales of $522,600; variable costs of $60,300; and twed costs of $141,000 QS 8-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26,100 units at $637,600. Actual variable costs were $113,600 and actual fixed costs were $133,000 Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Flexible Budget Performance Report Flexible Budget Actual Results Variances Favorable Unfavorablo 637,600 Sales Variable costs Contribution margin 637,600 637,600 $ 637,600 S 637,600