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The fixed budget for $20,100$ units of production shows sales of $$582,900$; variable costs of $$60,300$; and fixed costs of $$140,000.$

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

The company$$s actual sales were $27,800$ units at $$764,200.$ Actual variable costs were $$113,200$ and actual fixed costs were $$132,000.$

Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. $($Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.$)$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 $$582,900$; variable costs of $$60,300$; and fixed costs of

$$140,000.$

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

The company's actual sales were $27,800$ units at $$764,200.$ Actual variable costs were $$113,200$ and actual fixed costs were $$132,000.$

Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. $($Indicate the effect of each

variance by selecting favorable, unfavorable, or no variance.$)$