Required information Use the following information for the Quick Study below. (The following information applies to the questions displayed below.] Brodrick Company expects to produce 21,600 units for the year ending December 31. A flexible budget for 21,600 units of production reflects sales of $475,200; variable costs of $64,800; and fixed costs of $144,000. QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $540,400 (26,700 units), actual variable costs for the year are $113,800, and actual fixed costs for the year are $134,000. Prepare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Flexible B Variances Favorablel Unfavorable Sales Variable expenses Contribution margin Fixed expenses Income from operations $ 0 $ 0