Complete the following partial flexible budget performance report, and indicate whether each variance is favorable The company budgets a selling price of $80 per unit and variable costs of $35 per unit. (Indicate the effect of eac selecting favorable, unfavorable, or no variance.) For Month Ended June 30 Sales Variable costs Contribution margin Fixed costs Income Flexible Budget Performance Report Actual Results (10,800 units) Flexible Budget (10,800 units) 486,000 270,000 216,000 351,000 285,000 Variances $ Favorable/Unfavorable 21,000 Favorable Favorable Favorable Unfavorable Favorable

Complete the following partial flexible budget performance report, and indicate whether each variance is favorabl The company budgets a selling price of $80 per unit and variable costs of $35 per unit. (Indicate the effect of eac selecting favorable, unfavorable, or no variance.)