Divine Muffins sells its muffins to restaurants and coffee houses for an average selling price of $26 per case. The following information relates to the budget for Divine Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget information.) During the year, Divine Muffins actually sold 7,900 cases, resulting in total sales revenue of $213,000. Actual expenses (in total) from this year are as follows: (Click the icon to view the actual expenses.) Requirement Construct a flexible budget performance report for Divine Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). (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.) Sales revenue ($26 per case) Divine Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Master Actual Budget 7,900 cases Variance Budget 7,900 cases Volume Budget Variance 7,200 cases