Exercise 8-3 Preparing a flexible budget performance report LO P1 Solitaire Company's fixed budget performance report for June follows. The $300,000 budgeted expenses include $264,000 variable expenses and $36,000 fixed expenses. Actual expenses in clude $44,900 fixed expenses. Fixed Budget Results sales (in units) 8,000 10,400 Sales (in dollars) Total expenses $400,09e 300,00 $100,000 $528,800 $120,000 F 364,000 64,000 U 156,000 56,000F Income from operations Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately