Furniture Cruise Limited manufactures kitchen equipment for residential and commercial customers. The following data pertains to the company's 2020 operating budget. Required: Actual Budgeted Units sold 35,000 39,000 Selling price per unit $90 $80 Variable cost per unit $45 $40 $856,000 $987,000 $719,000 $573,000 Fixed costs Operating income Prepare a variance analysis report with both flexible-budget and sales-volume variances. (12 points)