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 $$87$ per unit and variable costs of $$33$ per unit. $($Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.$)$

$\backslash$table$[[$Flexible Budget Performance Report$],[$For Month Ended June $30,\backslash$table$[[$Flexible Budget$],[$ units$)]],\backslash$table$[[$Actual Results$],[(12,200$ units$)]],$Variances,Favorable$/$Unfavorable$],[$Sales$,,,18,600,$Favorable$],[$Variable costs,,$365,000,,],[$Contribution margin,$658,800,,,],[$Fixed costs,$284,000,299,000,,],[$Income$,,,,]]$