Coman Company manufactures tout bags and has provided the folowing information for Jan 2018 " 2. (Click on to view the information) Prepare a flexible budget performance report. (Hire You we need to calcuate the flexible budget amounts for 8,000) As the company owner, which employees would you praise or criticize after you analyze the partomance repert Requirement 1. Prepare a budget performance report. (Hinf You will need to calculate the flexible budget amounts for 6,000 units) (Enter a "t" for any auro balances For any $0 variances, have the Favorable rate (Ult blank Enter all amounts as positive values) Gorman Company Flexible Budget Performance Report For the Month Ended June 30, 2018 Data table 2 (5-0) . 01-15) Actual Rasite Static Budget Units 5,000 7,000 Budget Flexible Sales Revenue 87,000 $ 50,000 55.500 63.000 Amounts Actual Per Unit Results Budget Variance Un 6000 Flexible Budget 6000 Volume Variance Variable Expense Budget Contribution Margin 31.500 35,000 7000 21.000 23.000 Fixed Expres Sales Rever 87000 10,500 $ 12,000 Operating Income Variable Expe 9 56500 Contibution Margin 31500 21000 Fixed Expenses Print Done 10500 Operating Income Goman Company manufactures book bags and has provided the following information for June 2010 (Cack the icon to view the information) Requirements 2 Prepare a Sexble budget performance report (Hint. You wil need to calculate the flexible budget amounts for 6,000 units) As the company owner, which employees would you praise or criticize after you analyze this performance report Requirement 1. Prepare a flexible budget performance report (int. You wil need to calculate the flexible budget amounts for 8,000 units) (Enter a " for any zero balances. For any 50 variances, leave the Favorable (Favorable (U) out blank Enter all amounts as positive values.) Gorman Company Flexible Budget Performance Report For the Month Ended June 30, 2018 Data table 2 3 Actual Results Static Budget (1)-(3) (3)-(5) Units 6.000 7,000 Budget Flexible Amounts Per Unit Actual Results Budget Flexible Sales Volume Sales Revenue $ 67,000 98,000 Static 55.500 63,000 Variable Expenses Variance Budget Variance Budget Contribution Margin 31,500 35,000 Units 6000 6000 7000 21.000 23.000 Fixed Expenses $ 10,500 $ 12.000 Sales Revenue 14 87000 Operating Income Variable Expenses 9 56500 Contribution Margin 31500 21000 Fixed Expenses Print Done 10600 Operating income