ces Finch Company has provided the following for the year. Budget Sales $505,000 Variable product costs 202,000 Variable selling expense 49,000 Other variable expenses 3,400 Fixed product costs 16,200 Fixed selling expense 23,800 Other fixed expenses. 2,200 Interest expense 800 Variances Sales 8,000 U Variable product costs 5,000 F Variable selling expense 2,200 U Other variable expenses 1,400 U Fixed product costs 230 F Fixed selling expense Other fixed expenses Interest expense 420 F 120 U 110 F Required a. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each variance is favorable (F) or unfavorable (U). (Select "None" if there is no effect (ie., zero variance).) Sales Variable expenses: inces Fixed expenses: FINCH COMPANY Internal Income Statement Budget 0 Actual. 0 $ 0 Variance Effect