Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable The company budgets a selling price of $85 per unit and variable costs of $34 per unit. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Flexible Budget Performance Report For Month Ended June 30 Flexible Budget (12,300 units) Sales Actual Results (12,300 units) Variances Favorable/Unfavorable S 44,500 Favorable 366,000 Variable costs Contribution margin Foxed costs Income 627,300 285,000 300,000