Complete the flexible budget performance report. (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.)\ Chase's Mowing Business\ \ \ \ \ \ \ \ \ \ \ Flexible Budget Performance Report for June\ \ Actual\ \ Flexible Budget Variance\ \ \ \ Flexible Budget\ \ Volume Variance\ \ Master Budget\ Sales volume (number of mowing jobs)\ \ 190\ \ 0\ \ F\ \ 190\ \ 95\ \ F\ \ 95\ \ Operating expenses:\ \ Variable operating expenses ($10 per job)\ \ $1,410\ \ $120\ \ U\ \ $1,290\ \ $380\ \ U\ \ $910\ Fixed operating expenses ($500 per month)\ \ 400\ \ 100\ \ F\ \ 500\ \ 0\ \ F\ \ 500\ Total operating expenses\ \ $1,810\ \ $20\ \ U\ \ $1,790\ \ $380\ \ U\ \ $1,410\ Part 2\ 1. What is the volume variance for total operating expenses? Favorable or unfavorable?\ The volume variance for total operating expenses is\ \ $380\ \ U\ Part 3\ 2. What is the flexible budget variance for total operating expenses? Favorable or unfavorable?\ The flexible budget variance for total operating expenses is\ \ $20\ \ U\ Part 4\ 3. What is the master budget variance for total operating expenses? Favorable or unfavorable?\ The master budget variance for total operating expenses is\ \ $400\ \ U