Exercise 21-3 Preparing a flexible budget performance report LO P1 Solitaire Company's fixed budget performance report for June follows. The $318,750 budgeted expenses include $263,500 variable expenses and $55,250 fixed expenses. Actual expenses include $63,350 fixed expenses. Fixed Budget Variances Sales (in units) Sales (in dollars) Total expenses Income from operations 8,500 $425,000 318,750 $ 106,250 Actual Results 10,900 $ 545,000 381,500 $ 163,500 $120,000F 62,750 U $ 57,250 F Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately. SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Flexible Budget Actual Results Variances Fav./Unf. Contribution margin