The fixed budget for $20,200$ units of production shows sales of $$606,000$; variable costs of $$60,600$; and fixed costs of $$143,000.$

The company's actual sales were $27,700$ units at $$784,000.$ Actual variable costs were $$113,900$ and actual fixed costs were $$137,000.$

Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable.

Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.

$\backslash$table$[[$Flexible Budget Performance Report,,,$],[,$Flexible Budget,Actual Results,Variances,$\backslash$table$[[$Favorable or$],[$Unfavorable$]]],[,,,,],[,,,,],[$Contribution margin,,,,$],[,,,,],[,,,,]]$