There are two parts to this question, part one has already been answered. I needed help with part two which is the second image. Please only answer if you know it, thank you.

[The following information applies to the questions displayed below.] The fixed budget for 20,500 units of production shows sales of $471,500; variable costs of $61,500; and fixed costs of $141,000. S 23-3 (Algo) Flexible budget income calculation LO P1 the company actually produces and sells 27,500 units, calculate the flexible budget income. Answer is complete and correct. QS 23-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 27,500 units at $590,500. Actual variable costs were $113,200 and actual fixed costs were $132,000. 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.)