Chase operates his own summer lawn-mowing company using a truck and equipment dedicated solely to business operations. Complete the flexib following questions: (Click the icon to view the performance report.) Read the requirements. Complete the flexible budget performance report. (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). variance of zero is considered favorable.) Less Variable Expenses: Less Direct Fixed Expenses: Fixed Manufacturing Overhead Fixed Operating Expenses Segment Margin \begin{tabular}{rrrrr} 96,800 & 88,000 & 8,800 U & 10% \\ 17,440 & 16,000 & 1,440 U & 9 \\ \hline 282,795 & & 261,500 & 21,295 & F \\ \hline \end{tabular} Less Common Fixed Expenses allocated to the profit center: Operating income Chase operates his own summer lawn-mowing company using a truck and equipment dedicated solely to business operations. Complete the flexib following questions: (Click the icon to view the performance report.) Read the requirements. Complete the flexible budget performance report. (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). variance of zero is considered favorable.) Less Variable Expenses: Less Direct Fixed Expenses: Fixed Manufacturing Overhead Fixed Operating Expenses Segment Margin \begin{tabular}{rrrrr} 96,800 & 88,000 & 8,800 U & 10% \\ 17,440 & 16,000 & 1,440 U & 9 \\ \hline 282,795 & & 261,500 & 21,295 & F \\ \hline \end{tabular} Less Common Fixed Expenses allocated to the profit center: Operating income