23-Seti M Question 2 - Chapter 23 C Use /index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Flms.mheducation.com%252Fmghmiddle. Saved ! Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The fixed budget for 21,700 units of production shows sales of $499,100; variable costs of $65,100; and fixed costs of $140,000. Help QS 23-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26,700 units at $570,100. Actual variable costs were $114,000 and actual fixed costs were $135,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. Contribution margin Flexible Budget Performance Report Flexible Budget Actual Results Variances Favorable or Unfavorable 0 0 $ 0 $ S < Prev 2 of 4 Next