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 8,400 cases, resulting in total sales revenue of $234,100. 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 Dream 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 ($27 per case) Dream Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual 8,400 cases Budget Variance Budget 8,400 cases Volume Variance Master Budget Data table 7,800 cases Data table Packaging cost. $ 42,700 Shipping expense. $ 10,300 Sales commission expense..... $ 7,023 Salaries expense. $ 7,100 Budgeted sales in cases Packaging cost per case..... Shipping expense per case..... S Sales commission expense 7,800 cases $ 5 1 3% of sales price Office rent $ 3,900 Salaries expense S 6,700 Depreciation 3,200 Office rent.. 3,900 Insurance expense 1,700 Depreciation 3,200 Office supplies expense $ 900 Insurance expense 2,000 Office supplies expense S 800 Print Done Print Done