Exercise 21-4 Preparing a flexible budget performance report LO P1 Bay City Companys fixed budget performance report for July follows. The $367,000 budgeted total expenses include $280,000 variable expenses and $87,000 fixed expenses. Actual expenses include $77,000 fixed expenses. Fixed Budget Actual Results Variances Sales (in units) 5,000 3,900 Sales (in dollars) $ 400,000 $ 351,000 $ 49,000 U Total expenses 367,000 331,000 36,000 F Income from operations $ 33,000 $ 20,000 $ 13,000 U Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately. i need sales in units sales in dollars total expenses and income from operations