Santana Company sold 100,000 units of its product in May. For the level of production achieved in May, the budgeted amounts were: sales, $850,000; variable costs, $675,000; and fixed costs, $150,000. The following actual financial results are available for May. Prepare a flexible budget performance report for May.
Sales (100,000 units) . . . . . . . . . $837,500
Variable costs . . . . . . . . . . . . . . . 656,250
Fixed costs . . . . . . . . . . . . . . . . . 150,000