Question: I need help solving this Check my work Bay City Company's fixed budget performance report for July follows. The $513,000 budgeted total expenses include $350,000

I need help solving this

Check my work Bay City Company's fixed budget performance report for July follows. The $513,000 budgeted total expenses include $350,000 variable expenses and $163,000 fixed expenses. Actual expenses include $153,000 fixed expenses. Fixed Budget Actual Results variances Book Sales (in units) Sales (in dollars) Total expenses Income from operations 7,000 5560.000 513,000 $ 47,000 5,900 $525,100 474,000 $51.100 $34,900 U 39. $ 4,100 Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List foxed and variable expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance. Do not round your intermediate calculations. Round your final answers to whole dollars.) BAY CITY COMPANY Flexible Budget Performance Report For Month Ended July 31 Flexible budgetActual results Variances Fan penses Contribution margin Fixed expenses Income from operations

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