Exercise $8-4($Algo$)$ Preparing flexible budget performance report LO P$4$

Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $$89$ per unit and variable costs of $$34$ per unit.

Note: Indicate the effect of each wariance by selecting favorable, unfavorable, or no varlance.

$\backslash$table$[[$Flesible Budget Performance Heport$],[$For Month Ended June $39,$Fisex ble Budpet $(12\mathrm{.}600$ units$),$Actual Rasulta $(12,600$ units$),,$ances,Fawsrable or Unfoverable$],[$Sales$,5,1,121,400,,5,28,600,$Favorable$],[$Variable costs,,$420\mathrm{.}400,309,000,,59\mathrm{.}409,$Favorable$],[$Contribution margin,,$633\mathrm{.}000,,,,$Favorable$],[$Fixed copls,,$284\mathrm{.}000,300\mathrm{.}009,,(15,000),$Unfavcrable$],[$Income$,5,405,000,,,,$Favarle$]]$