1. The following table contains a hypothetical partial master budget performance report for Fun Time Fudge Company. Paper size 1 (Click the icon to view the partial master budget performance report.) make sure to enter in a "0". A variance of zero is considered favorable.) Fun Time Fudge Company Flexible Budget Performance Report: Sales and Operating Expenses For Year Ended December 31 Sales revenue ( $29 per case) Paper size Letter Print Less variable expenses: Less fixed expenses: Operating income (1) (2) (3) (4) O (5) (6) (7) (8) (9) O (10) (11) (12) (13) 0 (14) 0 u F F U U U U U U OU G