Construct a flexible budget performance report for Chocolate Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). Complete all parts please

Chocolate Muffins sells its muffins to restaurants and coffee houses for an average selling price of $32 per case. The fallowing information relates fo the budget for Chocolate Muffins for this year (all figures are annual totals unloss otherwise noted): Yow 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 fleld after the amount you enter. It the variance is 0 , make sure to enter in a " 0 . A variance of zero is considered favorable.) Budget information Actual expenses During the year, Chocolate Muffins actually sold 9,500 cases, resulting in total sales revenue of $312,200