Chocolate Muffins sells its muffins to restaurants and coffee houses for an average selling price of $$32$ per case. The following information relates to the budget for Chocolate Muffins for this year $($all figures are annual totals unless otherwise noted$)$:

View the budget information.

View the actual expenses $($in total$)$ from this year.

Read the requirement.

$($Enter the variances as positive numbers. Label each variance as favorable $(F)$ or unfavorable $(U),$ in the input field after the amount you enter. If the variance is $0,$ make sure to enter in a $"0".$ A variance of zero is considered favorable.$)$

Chocolate Muffins

Flexible Budget Performance Report $-$ Sales and Operating Expenses

For the Year Ended December $31$

$\backslash$table$[[,$Flexible,Flexible,,Master,$],[,$Actual,Budget,Budget,Volume,Budget$],[9,900$ cases ${?}^{-},$Variance,$9,900$ cases,Variance,$9,700$ cases,$]]$

Sales revenue

$($ $$32$ ner case$)$

$$,324,300$

$7500$

F

$

$316,800$ F

$,324300$

Budget information

$\backslash$table$[[$Budgeted sales in cases,$9,700$ cases$],[$Packaging cost per case $.......$ $$,2],[$Shipping expense per case..... $$,4],[$Sales commission expense,$5\%$ of sales price$],[$Salaries expense $............$ $$,6,100],[$Office rent $.............,3,700],[$Depreciation $.........,3,100],[$Insurance expense $......,1,500],[$Office supplies expense $.......$ $$,1,200]]$

Actuala

$\backslash$table$[[$Packaging cost $...........,20,500],[$Shipping expense.............. $$,41,500],[$Sales commission expense...... $$,16,215],[$Salaries expense....,$7,600],[$Office rent $.....,3,700],[$Depreciation $........,3,100],[$Insurance expense $.............$ $$,1,000],[$Office supplies expense $........$ $$,1,500]]$

During the year, Chocolate Muffins actually sold $9,900$ cases, resulting in total sales revenue of