Barlow Company manufactures book bags and has provided the following information for June $2025$:

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Requirements

Prepare a flexible budget performance report. $($Hint: You will need to calculate the flexible budget amounts for $12,000$ units.$)$

As the company owner, which employees would you praise or criticize after you analyze this performance report?

Barlow Company

Flexible Budget Performance Report

For the Month Ended June $30,2025$

Data

$\backslash$table$[[,$Actual Results,Static Budget,$],[$Units$,12,000,13,000,],[$Sales Revenue,$$,159,500,169,000],[$Variable Expenses,$61,400,65,000,],[$Contribution Margin,$98,100,104,000,],[$Fixed Expenses,$23,500,25,000,],[$Operating Income,$$,74,600,$$$9,000$