The fixed budget for $21,600$ units of production shows sales of $$518,400$; variable costs of $$64,800$; and fixed costs of $$143,000.$

The company's actual sales were $26,000$ units at $$577,000.$ Actual variable costs were $$113,300$ and actual fixed costs were $$136,000.$

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$[[\backslash$table$[[$Favorable or$],[$Unfavorable$]]],[$Unfavorable$]]],[$Sales$,$$$,694,537,$$$,577,000,$$$,117,537],[$Variable costs,,$78,000,,113,300,,35,300,$Unfavorable$],[$Contribution margin,,$616,537,,463,700,,152,837,$Unfavorable$],[$Fixed costs,,$143,000,,136,000,,7,000,$Favorable$],[$Income$,$$$,473,537,$$$,327,700,$$$,145,837,$Unfavorable$]]$