Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $81 per unit and variable costs of $37 per unit. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) For Month Ended June 30 Sales Flexible Budget Performance Report Flexible Budget Actual Results Variances Favorable/Unfavorable (11,200 units) (11,200 units) $ 17,800 Favorable 355,000 492,800 274,000 289,000 Variable costs Contribution margin Fixed costs Income