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 20,100 units of production shows sales of $442.200, varlable costs of $60,300, and fixed costs of $140,000 QS 23-3 (Algo) Flexible budget income calculation LO P1 If the company actually produces and sells 26,500 units, caiculate the flexibie budget income- Required informotion Use the following information for the Quick Study below. (Algo) (The following information applies to the questiont displayed below) The foxed budget for 20,100 units of production shows sales of $442,200; variable costs of $60,300; and foxed corts of $140,000 QS 23-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26.500 units at $534,000. Actual variable costs were $113,900 and actual foced costs wete $132,000. Prepare a flexible budget performance report. Indicate whether each vatiance is favorable or uniavorable. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no varionce