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 20,100 units for the year ending December 31. A flexible budget for 20,100 units of production reflects sales of $522,600; variable costs of $60,300; and fixed costs of $144,000. QS 23-3 Flexible budget LO P1 If the company instead expects to produce and sell 26,900 units for the year, calculate the expected level of income from operations. ------Flexible Budget at ---- 20,100 units 26,900 units --...-Flexible Budget------ Variable Total Fixed Amount per Cost Unit $ 26.00 3.00 23.00 Sales $ 522,600 60,300 $ Variable cost Contribution margin Fixed costs Income from operations $ 144,000 462,300 $ 144,000 318,300 $ 0 144,000 (144,000) $ Use the following information for the Quick Study below. (The following information applies to the questions displayed below.] Brodrick Company expects to produce 20,100 units for the year ending December 31. A flexible budget for 20,100 units of production reflects sales of $522,600; variable costs of $60,300; and fixed costs of $144,000. QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $652,400 (26,900 units), actual variable costs for the year are $113,000, and actual fixed costs for the year are $135,000. 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