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 21,600 units of production shows sales of $540,000 : variable costs of $64,800; and fixed costs of $142,000 QS 21-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26,300 units at $616,500. Actual variable costs were $113,900 and actual fixed costs were $135,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each voriance by selecting fovorable, unfovorable, or no variance.)