Use the following information for the quick study below. [the following information applies to the questions displayed below.] brodrick company expects to produce 20,000 units for the year ending december 31. a flexible budget for 20,000 units of production reflects sales of $400,000; variable costs of $80,000; and fixed costs of $150,000. qs 08-4 flexible budget performance report lo p1 assume that actual sales for the year are $480,000 (26,000 units), actual variable costs for the year are $112,000, and actual fixed costs for the year are $145,000. prepare a flexible budget performance report for the year. (indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.)