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.
Note: 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,Favorable or UnfavorableSalesFavorableVariable costs,,PContribution margin,rFixed costs,Income
