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.)