Dream Muffins sells its muffins to restaurants and coffee houses for an average selling price of $$29$ per case. The following information relates to the budget for Dream Muffins for this year $($all figures are annual totals unless otherwise noted$)$:

View the budget information.

View the actual expenses $($in total$)$ from this year.

Read the requirement.

$($Enter the variances as positive numbers. Label each variance as favorable $($F$)$ or unfavorable $($ U $),$ in the input field after the amount you enter. If the variance is $0,$ make sure to enter in a $"0".$ A variance of zero is considered favorable.$)$

Flexible Budget Performance Report $-$ Sales and Operating Expenses

For the Year Ended December $31$

$\backslash$table$[[,$Flexible,Flexible,Comprehensive,$],[$Actual$,$Budget,Budget,Volume,Budget$],[7,500$ cases,Variance,$7,500$ cases,Variance,$6,800$ cases$]]$

Sales revenue

$($ $$29$ per case$)$

Less variable expenses:

Packaging expense $($ $$5$ per case sold$)$

Shipping expense $($ $$1$ per case sold$)$

Sales commissions $(2\%$ of sales price$)$

Contribution margin

Less fixed expenses:

Salaries

Office rent

Depreciation

$\backslash$table$[[$Packaging cost $...............$ $$,37,700],[$Shipping expense.....,$10,400],[$Sales commission expense...... $$,4,500],[$Salaries expense.......,$6,600],[$Office rent $......,3,300],[$Depreciation $......,2,900],[$Insurance expense $..............$ $$,2,300],[$Office supplies expense $........$ $$,1,300]]$

Budget information

Actual expenses

$\backslash$table$[[$Budgeted sales in cases,$6,800$ cases$],[$Packaging cost per case $.......$ $$,5],[$Shipping expense per case $.....$ $$,1],[$Sales commission expense,$2\%$ of sales price$],[$Salaries expense,$6,400],[$Office rent,$3,300],[$Depreciation $............,2,900],[$Insurance expense. $....,2,500],[$Office supplies expense,$700]]$

During the vear, Dream Muffins actually sold $7,500$ cases,