Boston Muffins sells its muffins to restaurants and coffee houses for an average selling price of $26 per case. The following information relates to the budget for Boston Muffins for this year (all figures are annual totals unless otherwise noted): E (Click the icon to view the budget information.) During the year, Boston Muffins actually sold 7,900 cases, resulting in total sales revenue of $213,600. Actual expenses (in total) from this year are as follows: (Click the icon to view the actual expenses.) Requirement Construct a flexible budget performance report for Boston 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.) Boston Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Master Actual Budget Budget Volume Budget 7,900 cases Variance 7,900 cases Variance 7,400 cases Sales revenue ($26 per case) - Boston Muffins for this year (all figures are a (Click the icon to view the budget inform During the year, Boston Muffins actually sold revenue of $213,600. Actual expenses (in to (Click the icon to view the actual expens fiance is favorable (F) or unfavorable (U). bers. Label each variance as favorable (F) 10, make sure to enter in a "0". A variance of Data Table 7,400 cases $ 1 Budgeted sales in cases Packaging cost per case Shipping expense per case Sales commission expense 4 Flexible Budgel 5% of sales price 6,500 Salaries expense $ 3,700 ter Office rent Depreciation $ get 2,400 1,700 Insurance expense fases Sales revenue Office supplies expense 1,000 ($26 per case) Print Done Be sure to indicate whether each variance is favorable (F) or unfavorable (U). imbers. Label each variance as favorable (F) is 0, make sure to enter in a "0". A variance of Boston Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget informati During the year, Boston Muffins actually sold 7 Data Table revenue of $213,600. Actual expenses (in total (Click the icon to view the actual expenses $ 9,000 $ 34,500 $ 10,680 Flexible Budget Al Packaging cost Shipping expense Sales commission expense Salaries expense Office rent Depreciation $ 6,900 $ 3,700 laster $ 2,400 udget Insurance expense $ 1,100 0 cases Office supplies expense 1,200 Sales revenue ($26 per case) Print Done