Can you please show the work and explain.

Echo Canyon Muffins sells its muffins to restaurants and coffee houses for an average selling price of $29 per case. The following information relates to the budget for Echo Canyon Muffins for this year (all figures are annual totals unless otherwise noted): 6 Click the icon to view the budget information.) During the year, Echo Canyon Muffins actually sold 9,500 cases, resulting in total sales revenue of $282,700. 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 Echo Canyon 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.) Echo Canyon Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget Volume 9,500 cases Variance 9,500 cases Variance Master Budget 9,000 cases Sales revenue (S29 per case) . Data Table Data Table 9,000 cases $ 39,100 $ 31,300 $ 2,827 Packaging cost Shipping expense. Sales commission expense.. Salaries expense. Office rent Depreciation Insurance expense Office supplies expense 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 $ 8,500 3,800 2,900 900 800 $ 3 1% of sales price 7,000 3,800 2,900 1,500 500 $ $ $ Choog en c Print Done 3 pa rel Print Done er