Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $89 per unit and variable costs of $34 per unit. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance. For Month Ended June 30 Sales Variable costs Contribution margin Fixed costs Income Flexible Budget Performance Report Flexible Budget (12,600 units) 693,000 288,000 Actual Results (12,600 units) 369,000 303,000 Variances Favorable or Unfavorable 28,600 Favorable $

Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $89 per unit and variable costs of $34 per unit. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance