Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable.

Required Information [The following information applies to the questions displayed below.] The fixed budget for 20,800 units of production shows sales of $457,600; variable costs of $62,400; and fixed costs of $140,000. The company's actual sales were 26,500 units at $539,000. Actual variable costs were $113,900 and actual fixed costs were $137,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each varlance by selecting favorable, unfavorable, or no variance.)