Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $90 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 Flexible Budget Performance Report Flexible Budget Actual Results Variances (12,700 units) (12,700 units) Favorable/Unfavorable $ 37,000 Favorable 370,000 723,900 289,000 304,000 Variable costs Contribution margin Fixed costs Income