Cole Company managers received the following incomplete performance report: (Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. C. Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the favorable (Fy/Unfavorable (U) input blank.) Data table Cole Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Actual Budget Flexible Results Variance Budget 41,000 41,000 Sales Static Volume Variance Budget Units 6,000 F Sales Revenue $ $ 221,000 $ 23,000 F Cole Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Actual Budget Flexible Results Variance Budget 41,000 (a) 41,000 221,000 89,000 79,000 Sales Volume Variance 1,000 U Static Budget Variable Expenses Contribution Margin Fixed Expenses 132,000 22,000 F 142,000 108,000 Units 6,000 F (g) 111,000 0 Sales Revenue 221,000 (b) $ 221,000 $ 23,000 F (h) $ 21,000 $ Operating Income 22,000 F 34,000 $ 89.000 (c) 79,000 1,000 U (0) Variable Expenses Contribution Margin 132,000 (d) 142,000 22,000 F 0) Fixed Expenses 111,000 (e) 108,000 0 (k) Operating Income $ 21,000 (1) $ 34,000 $ 22,000 F (1) Print Done Help me solve this Demodocs example Get more help Clear all Check