The fixed budget for $21,400$ units of production shows sales of $$577,800$; variable costs of $$64,200$; and fixed costs of $$142,000.$

QS $21-4($Algo$)$ Flexible budget performance report LO P$1$

The company's actual sales were $27,000$ units at $$683,000.$ Actual variable costs were $$113,200$ 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.

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