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  3. complete the following partial flexible budget per

Complete the following partial flexible budget performance report, and indicate whether each variance...

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Accounting

Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable. The company budgets a selling price of $80 per unit and variable costs of $35 per unit. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)
\table[[Flexible Budget Performance Report],[For Month Ended June 30,\table[[Flexible Budget],[ units)]],\table[[Actual Results],[ units)]],Variances,Favorable/Unfavorable],[Sales,,,21,000,Favorable],[Variable costs,,351,000,,],[Contribution margin,486,000,,,],[Fixed costs,270,000,285,000,,],[Income,,,,]]
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