Breezy Fan Company manufactures ceiling fans Breezy Fan estimated yearly sales of 20,000 units at $16 per unit.Actual sales for the year were 23,000 units at $17 per unit.Variable expenses were budgeted at $6 per unit,and actual variable expenses were $6.20 per unit.Actual fixed costs were $78,400,and budgeted fixed costs were $75,000.
Prepare Breezy Fan's income statement performance report,including flexible budget variances and sales volume variances,for the year ended December 31.
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