Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $$80$ per unit and variable costs of $$36$ per unit.

Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.

$\backslash$table$[[$Flexible Budget Performance Report$],[$For Month Ended June $30,\backslash$table$[[$Flexible Budget$],[(11,500$ units$)]],\backslash$table$[[$Actual Results$],[(11,500$ units$)]],$Variances,Favorable or Unfavorable$],[$Sales$,,,35,000,$Favorable$],[$Variable costs,,$358,000,,1],[$Contribution margin,$506,000,,,],[$Fixed costs,$277,000,292,000,,],[$Income$,,,,]$