Required Information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The fixed budget for 21,300 units of production shows sales of $575,100; varlable costs of $63,900; and fixed costs of $140,000. QS 23-3 (Algo) Flexible budget income calculation LO P1 If the company actually produces and sells 27,200 units, calculate the flexible budget Income. Required Information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The fixed budget for 21,300 units of production shows sales of $575,100; varlable costs of $63,900; and fixed costs of $140,000. QS 23-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 27,200 units at $691,400. Actual varlable costs were $113,100 and actual fixed costs were $138,000. Prepare a flexible budget performance report. Indicate whether each varlance Is favorable or unfavorable. (Indlcate the effect of each varlance by selecting favorable, unfavorable, or no varlance.)