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Use the following information for the Quick Study below. (Algo) The following information applies to the questions displayed below) The fixed budget for 20.800 units of production shows sales of $582.400: variable costs of $62.400t and fixed costs of $141.000 QS 23-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 27.700 units at $725.600. Actual variable costs were $113.400 and actual foed costs were $132.000 Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Flexible Budget Performance Report Flexible Budget Actual Results Variances Favorable! Unfavorable Contribution margin 0 0 $ Os 0 8 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 20,800 units of production shows sales of $582.400 valable costs of $62.400; and fixed costs of $141,000 QS 23-3 (Algo) Flexible budget income calculation LO P1 If the company actually produces and sells 27700 units, calculate the flexible budget income. -Flexible Budget af 20.00 units 27,700 units Sales Vanable cost Contribution margin Fixed costs Flexible Budget Variable Amount Total Fixed per Unit Cost 582.400 62.400 $ 520,000 141,000 5 os 0 0 $ os Income