Xion Co. budgets a selling price of $80 per unit, variable costs of $35 per unit, and total fixed costs of $270,000. During June, the company produced and sold 10,800 units and incurred actual variable costs of $351,000 and actual fixed costs of $285,000. Actual sales for June were $885,000. Prepare a flexible budget report showing variances between budgeted and actual results. List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) XION CO. Flexible Budget Report For Month Ended June 30 Flexible Budget Actual Results Variances Fav/Unt, a flexible budget report showing variances between budgeted and actual results. List varia (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) XION CO. Flexible Budget Report Contribution margin Fixed expenses Income from operations Sales Variable expenses For Month Ended June 30 Flexible Budget Actual Results Variances Fav./Unf. sales for June were $885,000. Prepare a flexible budget report showing variances between budgeted and actual results. List variable and (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) KION 10. Flexible Budget Report For Month Ended June 30 Flexible Budget Actual Results Variances Fav./Unf. Favorable Unfavorable No variance