Exercise $21-4($Algo$)$ Preparing flexible budget performance report LO P$1$

Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $$81$ per unit and variable costs of $$34$ per unit. $($Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.$)$

Exercise $21-4($Algo$)$ Preparing flexible budget performance report LO P$1$

Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $$81$ per unit and variable costs of $$34$ per unit. $($Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.$)$

$\backslash$table$[[$Flexible Budget Perforthance Report$],[$For Month Ended June $30,\backslash$table$[[$Flexible Budget$],[(11,800$ units$)]],\backslash$table$[[$Actual Results$],[$ units$)]],$Variances,Favorable$/$Unfavorable$],[$Sales$,,,$$$,29,200,$Favorable$],[$Variable costs,,$361,000,,$Favorable$],[$Contribution margin,$554,600,,,$Favorable$],[$Fixed costs,$280,000,295,000,,$Unfavorable$],[$Income$,,,,$No variance$]]$