Echo Canyon Muffins sells its muffins to restaurants and coffee houses for an average ­selling price of $ 27 per case. The following information relates to the budget for Echo Canyon Muffins for this year (all figures are annual totals unless otherwise noted):

Budgeted sales in cases............................................. 7,900 cases
Packaging cost per case............................................. $ 1
Shipping expense per case........................................ $ 3
Sales commission expense......................................... 4% of sales price
Salaries expense......................................................... $ 6,600
Office rent.................................................................. $ 3,200
Depreciation............................................................... $ 2,800
Insurance expense...................................................... $ 1,800
Office supplies expense............................................. $ 800

During the year, Echo Canyon Muffins actually sold 8,100 cases resulting in total sales ­revenue of $ 226,200. Actual expenses (in total) from this year are as follows:
Packaging cost......................................................... $ 8,600
Shipping expense..................................................... $ 25,100
Sales commission expense....................................... $ 9,048
Salaries expense....................................................... $ 7,000
Office rent................................................................ $ 3,200
Depreciation............................................................. $ 2,800
Insurance expense.................................................... $ 1,500
Office supplies expense........................................... $ 1,400

Requirement
Construct a flexible budget performance report for Echo Canyon Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U).