$[$The following information applies to the questions displayed below.$]$

The fixed budget for $21,800$ units of production shows sales of $$610,400$; variable costs of $$65,400$; and fixed costs of $$141,000.$

The company's actual sales were $27,100$ units at $$713,800.$ Actual variable costs were $$113,500$ and actual fixed costs were $$138,000.$

Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. $($Indicate the effect of each rariance by selecting favorable, unfavorable, or no variance.$)$

$\backslash$table$[[$Flexible Budget Performance Report$],[,$Flexible Budget,Actual Results,Variances,$\backslash$table$[[$Favorable$/],[$Unfavorable$]]],[$Sales$,,,,$nfavorable$],[$Variable costs,,,,Unfavorable$],[$Contribution margin,$0,0,,$nfavorable$],[$Fixed costs,,,,Favorable$],[$Income$,$$$,$$$,,$Unfavorable$]]$