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 21,500 units for the year ending December 31. A flexible budget for 21,500 units of production reflects sales of $494,500; variable costs of $64,500; and fixed costs of $144,000, QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 27700 units for the year, calculate the expected level of income from operations. Flexible Budget at Flexible Budget Variable Total Fixed Amount per Cost Unit 21,500 units 27.700 units Contribution margin 5 0.00 5 05 0 $ 05 0 Chec 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 21,500 units for the year ending December 31. A flexible budget for 21,500 units of production reflects sales of $494,500; variable costs of $64,500; and fixed costs of $144,000. QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $591,100 (27,700 units), actual variable costs for the year are $113,000, and actual fixed costs for the year are $130,000 Prepare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable Unfavorable Contribution margin 0 0 $ 05 0