Xion Co budgets a selling price of $81 per unit, variable costs of $35 per unit, and total fixed costs of $276,000. During June the company produced and sold 11400 units and incurred actual variable costs of $357,000 and actual fixed costs of $291,000. Actual soles for June were $945.000 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/Unf. Sales Variable expenses Fixed expenses (total) Units produced and sold Budgeted S 958 per unit 5 380 per unit $144,500 1,330 Actual $1,470,00 $ 588,000 $ 135,000 1,530 List variable and fixed expenses separately (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) LEWIS CO. Flexible Budget Performance Report For Month Ended May 31 Flexible Budget Actual Results Variances Favunt. Bay City Company's fixed budget performance report for July follows. The $367000 budgeted total expenses include $280.000 variable expenses and $87,000 fixed expenses. Actual expenses include $77,000 fixed expensen Fixed Budget Actual Results Variances Sales (in units) 5,000 9.900 Sales in dollars) $400,000 $ 347,100 $ 52.900 Total expenses 367.00 331,000 36,000 Incore from operations $ 33,000 $16.100 $26,900 Prepare a flexible budget performance report that shows any variances between budgeted results and actual results List fixed and variable expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not round your intermediate calculations, Round your final answers to whole dollars.) BAY CITY COMPANY Flexible Budget Performance Report For Month Ended July 31 Flexible budget Actual results Variances Fav./Unt