Budgeted:

Actual:

Beginning of Chart:

Hampton Muffins sells its muffins to restaurants and coffee houses for an average selling price of $31 per case. The following information relates to the budget for Hampton Muffins for this year (all figures are annual totals unless otherwise noted): B!! (Click the icon to view the budget information.) During the year, Hampton Muffins actually sold 8.900 cases. resulting in total sales revenue of $284,100. 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 Hampton 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.) 0 Data Table 8,200 cases $ 3 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 - 1% of sales price $ 6,100 $ 4,000 $ 3,200 $ 2,500 $ 800 Print Done 0 Data Table Packaging cost..... ... $ Shipping expense.............. $ Sales commission expense Salaries expense Office rent Depreciation Insurance expense Office supplies expense 27.000 38,400 2,841 6,600 4.000 3,200 1,800 900 Print Done Hampton Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Master Actual 8,900 cases Budget Variance Flexible Budget 8,900 cases Volume Variance Budget 8,200 cases Sales revenue ($31 per case) - 284000 8200 6 2 275900 9 0