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How to solve Complete the following partial flexible budget performance report, and...

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Accounting

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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 $35 per unit. Note: Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.
\table[[Flexible Budget Performance Report],[For Month Ended June 30,\table[[Flexible Budget],[(10,800 units)]],\table[[Actual Results],[(10,800 units)]],,nces,Favorable or Unfavorable],[Sales,,,$,21,000,Favorable],[Variable costs,,351,000,,,],[Contribution margin,486,000,,,,],[Fixed costs,270,000,285,000,,,],[Income,,,,,]]
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