Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $82 per unit and variable costs of $33 per unit. (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 Flexible Budget Performance Report Flexible Budget (12,000 units) Actual Results Variances Favorable/Unfavorable (12,000 units) $ 21,000 Favorable 363,000 588,000 282.000 297,000 Income