Amazing Muffins sells its muffins to restaurants and coffee houses for an average selling price of 533 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 8,900 cases, resulting in total sales revenue of 5302,000 Actual expenses (in total) from this year are as (Click the icon to view the actual expenses ) 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 unfavorabilo (U) if the variance is 0, make sure to enter in a "O" Avenance of zoto is considered favorable follows Amazing Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget Volume 8,900 cases Variance 8,900 cases Variance Master Budget 8,200 cases Sales revenue (533 per case) Wise De sure edci vallalice pers x .me Data Table 8,200 cases $ $ 5 $ 1 3% of sales price ---- g Budgeted sales in cases Packaging cost per case..... Shipping expense per case.. Sales commission expense Salaries expense Office rent ... Depreciation Insurance expense... Office supplies expense $ 6,900 - $ 3,400 ster 2,900 - - Hget $ $ $ 1,500 cases 500 Print Done Data Table Packaging cost $ 45,400 Shipping expense... $ 11,800 Sales commission expense...... $ 9,060 Salaries expense. $ 7,400 Office rent ... $ 3,400 Depreciation $ 2,900 Insurance expense 1,100 Office supplies expense $ 700 --- $