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Amazing Muffins sells its muffins to restaurants and coffee houses for an average selling price of $28 per case. The following information relates to the

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Amazing Muffins sells its muffins to restaurants and coffee houses for an average selling price of $28 per case. The following information relates to the budget for Amazing Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget information.) During the year, Amazing Muffins actually sold 8,400 cases, resulting in total sales revenue of $242,700. Actual expenses (in total) from this year are as follows: (Click the icon to view the actual expenses.) Quesuun Help Requirement Construct a flexible budget performance report for Amazing Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Amazing Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Budget Budget V olume 8.400 cases Variance 8,400 cases Variance Actual Master Budget 8,300 cases Sales revenue ($28 per case) Choose from any list or enter any number in the input fields and then click Check Answer. 0 Data Table 0 Data Table 8,300 cases 25,400 18,400 $ 3. Budgeted sales in cases ........ Packaging cost per case...... Shipping expense per case...... Sales commission expense...... Salarios expense............. $ 2 Packaging cost................... $ Shipping expense ...............$ Sales commission expense.........$ Salaries expense...... .. Office rent..........................5 Depreciation........... ......$ Insurance expense.................$ Office supplies expense...............$ Office rent. 4% of sales price $ 7,000 $ 3,600 $ 2,500 $ 2,100 $ 1.400 .................. 8,300 3,600 2,500 1,500 1,800 Depreciation... ........ Insurance expense ... Office supplies expense ....... Print Done Print Done

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