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$],[(12,500$ units$)]],\backslash$table$[[$Actual Results$],[$ units$)]],$Variances,Favorable$/$Unfavorable$],[$Sales$,,,52,500,$Favorable$],[$Variable costs,,$368,000,,],[$Contribution margin,$675,000,,1,-],[$Fixed costs,$287,000,302,000,,],[$Income$,,,,]$