Divine Muffins sells its muffins to restaurants and coffee houses for an average selling price of $28 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 9,500 cases, resulting in total sales revenue of $274,200. 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.) Data table 9,000 cases Budgeted sales in cases Packaging cost per case Shipping expense per case $ 3 Divine Muffins $ 5 Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Sales commission expense 2% of sales price Salaries expense $ 7,000 Flexible Flexible Master Office rent $ 3,600 Actual Budget Volume Budget Budget Variance Depreciation $ 2,400 9,500 cases 9,500 cases Variance 9,000 cases Insurance expense $ 2,500 Sales revenue Office supplies expense $ 1,100 ($28 per case) Data table $ 28,800 $ 48,500 S 5,484 7,500 $ Packaging cost.... Shipping expense. Sales commission expense. Salaries expense. Office rent Depreciation Insurance expense.. Office supplies expense $ 3,600 S $ 2,400 1,900 1,500 $ Print Done