E10-26A Main Street Muffins sells its muffins to restaurants and coffee houses for an average sell-
ing price of $26 per case. The following information relates to the budget for Main Street
Muffins for this year.
	Budgeted sales in cases			9,100 cases
	Packaging cost per case			$1
	Shipping expense per case			$2
	Sales commission expense			5% of sales price
	Salaries Expense			$6,500
	Office rent			$3,900
	Depreciation			$2,500
	Insurance expense			$1,800
	Office supplies expense			$900
During the year, Main Street Muffins actually sold 9,500 cases, resulting in total sales rev-
enue of $255,000. Actual expenses from this year are as follows:
	Packaging cost			$10,600
	Shipping expense			$19,500
	Sales commission expense			$12,760
	Salaries Expense			$7,300
	Office rent			$3,900
	Depreciation			$2,500
	Insurance expense			$1,600
	Office supplies expense			$1,600
Construct a flexible budget performance report for Main Street Muffins for the year. Be
sure to indicate whether each variance is favorable(F) or unfavorable (U)