Question: Use the following information for the Quick Study below. (Algo) The following information applies to the questions displayed below) The fixed budget for 21,400 units

 Use the following information for the Quick Study below. (Algo) The

Use the following information for the Quick Study below. (Algo) The following information applies to the questions displayed below) The fixed budget for 21,400 units of production shows sales of $492200, variable costs of $64 200, and fixed costs of $140,000 QS 21-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26,300 units at $562900. Actual variable costs were $113,000 and actual fixed costs were $130,000 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.) Flexible Budget Performance Report Flexible Budget Actual Results Varances Favorable! Unfavorable Vancos Contribution margin and costs incomo

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