The fixed budget for 20,700 units of production shows sales of $434,700; variable costs of $62,100, and fixed costs of $142,000. The company's actual sales were 26,600 units at $516,600. Actual variable costs were $113,800 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/ Unfavorable Contribution margin 0 0 $ 0 $ 0[The following information applies to the questions displayed below.] The fixed budget for 20,700 units of production shows sales of $434,700; variable costs of $62,100, and fixed costs of $142,000 If the company actually produces and sells 26,600 units, calculate the flexible budget income --Flexible Budget- -Flexible Budget at Variable Amount Total Fixed per Unit Cost 20,700 units 26,600 units Sales Variable costs Contribution margin $ 0 $ 0 Fixed costs Income 0 $ 0