Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Brodrick Company expects to produce 21,200 units for...

Extracted text: Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below.] Brodrick Company expects to produce 21,200 units for the year ending December 31. A flexible budget for 21,200 units of production reflects sales of $466,400; variable costs of $63,600; and fixed costs of $142,000. QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $551,800 (26,900 units), actual variable costs for the year are $113,900, and actual fixed costs for the year are $135,000. Prepare a flexible budget performance report for the year. BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Favorable/ Unfavorable Flexible Budget Actual Results Variances Contribution margin 2$ 0 $