Answer Happy

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 21,900 units of production shows sales of $569,400; variable costs of $65.700, and fixed costs of $:43,000 QS 21-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 26,400 units at $642,400. Actual vartable costs wore $113,300 and actual fixed costs were $130,000 Prepare a flexible budget performance report. Indicate whether each vartance is favorable or unfavorable. (Indicate the effect of each vartance by selecting favorable, unfavorable, or no vartance) Contribution margin Flexible Budget Performance Report Flexible Budget Actual Results Variances Favorablel Unfavorable