Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable The company budgets a selling price of $80 per unit and variable costs of $36 per unit. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Plexible Budget Performance Report Plexible Budget Actual Results For Month Ended June 30 (11,100 units) (11,100 units) Sales $ ? $ ? Variable costs 2 354,000 Contribution margin 488,400 2 Fixed costs 273.000 288,000 Income $? $ 2 Variances $ 27,000 2 2 $ 2 Flexible Budget Performance Report Flexible Budget Actual Results Variances (11,100 units) (11,100 units) For Month Ended Juno 30 Favorable/Unfavorable