Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $ per unit and variable costs of $ per unit. Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.
tableFlexible Budget Performance ReportFor Month Ended June tableFlexible Budget unitstableActual Results unitsVariances,FavorableUnfavorableSalesFavorableVariable costs,,Contribution margin,Fixed costs,Income
