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Data table Stenback Company Flexible Budget Performance Report For the Year Ended July 31, 2024 Actual Results Flexible Budget Sales Flexible Volume Static Variance Budget

Data table Stenback Company Flexible Budget Performance Report For the Year Ended July 31, 2024 Actual Results Flexible Budget Sales Flexible Volume Static Variance Budget Variance Budget Units 37,000 37,000 1,000 F (g) Sales Revenue 214,000 (b) $ 214,000 $ 23,000 F (h) Variable Expenses 90,000 (c) 83,000 11,000 U (i) Contribution Margin 124,000 (d) 131,000 12,000 F (j) Fixed Expenses 108,000 105,000 0 (k) Operating Income $ 16,000 (f) 26,000 $ 12,000 F (1) Print Done Stenback 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. Complete the performance report. (Enter a "0" for any zero balances. For any 50 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Stenback Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2024 Flexible Sales Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Units 37,000 37,000 1,000 F Sales Revenue $ 214,000 $ 214,000 $ 23,000 F Variable Expenses 90,000 83,000 11,000 U Contribution Margin 124,000 131,000 12,000 F Fixed Expenses 108,000 105,000 0 Operating Income $ 16,000 $ 26,000 $ 12,000 F Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. .This is reflected in the The employee groups that deserve praise or may be subject to criticism for the total variable expenses flexible budget variance and the total fixed expenses flexible budget variance depends , as well as

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