Caffeine Machines Inc. manufactures coffee makers. Here is some information related to its 2020 budget. Budgeted total sales dollars Budgeted average selling price per coffee maker Budgeted variable costs per coffee maker Budgeted fixed costs in total $ $ $ $ 700,000 30.00 18.00 166,700 At the end of 2020, Caffeine Machines Inc. had the following actual results for the 2020 year. $ Actual total sales dollars Actual # of coffee makers sold Actual total variable costs Actual total fixed costs $ $ 750,000 20,000 450,000 161,300 NOTE: If some of the data above is blank it means you haven't entered your student number on the cover tab. Required: Prepare a performance report comparing actuar results to puugeleu results in COTIT TULION income statement surmaL. a. Ensure that the report includes price and volume variances for revenue, variable costs, fixed costs and operating income 110 mm b. Explain to Caffeine Machine's management team in words what made up the difference between budgeted operating income and actual operating income. Makes sure your explanation touches on changes in sales, variable costs, fixed costs and operating income. (4 marks)