Dream Muffins sells its muffins to restaurants and coffee houses for an average selling price of $27 per case. The following information relates to the budget for Dream Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget information.) During the year, Dream Muffins actually sold 7,500 cases, resulting in total sales revenue of $210,500. 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 Drearn 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.) Dream Muffins i Data Table Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget Volume 7,500 cases Variance 7,500 cases Variance 7.400 cases Master Budget 7,400 cases 4 2 Sales revenue (S27 per case) Budgeted sales in cases ..... Packaging cost per case ....... $ Shipping expense per case Sales commission expense .... Salaries expense ......... $ Office rent... $ Depreciation $ Insurance expense $ Office supplies expense $ 5% of sales price 6,600 Data Table 3,800 2,500 2,400 1,300 Print Done Packaging cost $ 30,500 Shipping expense. $ 17,400 Sales commission expense...... $ 10,525 Salaries expenso.... $ 7,500 Office rent.. $ 3,800 Depreciation $ 2,500 Insurance expense $ 2,100 Office supplies expense $ 1,400 Choose from any list or ? 3 parts Check Answer remaining