Echo Canyon Muffins sells its muffins to restaurants and coffee houses for an average selling price of 533 per case. The Requirement following information relates to the budget for Echo Canyon Muffins for this year all figures are annual totals unless otherwise Construct a flexible budget performance report for Echo Canyon Muffins for the year. Be sure to indicate whether each noted): variance is favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label each variance as favorable (F) ar (Click the icon to view the budget information.) unfavorable U). If the variance is 0. make sure to enter in a "U". A variance of zero is considered favorable.) During the year, Echo Canyon Muffins actually sold 9.900 cases, resulting in total sales revenue of $334,800. Actual expenses in total) from this year are as follows: i Data Table (Click the icon to view the actual expenses.) 9,400 casas Echo Canyon Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible 2 4 4 5% of sales price Actual Volume Budget Variance Budget 9.900 cases Master Budget 9,40D cases Budgeted sales in cases ....... Packaging cost per case ..... S Shipping expense per case S Sales commission expense.... Salaries expense S Office rent ... S Depreciation. S Insurance expense 5 Office supplies expense 6,700 3,900 9,9DD cases Variance Sales revenue 3,200 2,400 1933 per case) BDD i Data Table - X Print Done Packaging cost...... $ 20,900 Shipping expense..... .... $ 41 200 Sales commission expense .....S 16,140 Salaries expense S 8.200 Office rent 3.900 Depreciation S 3.200 Insurance expense S 2.200 Office supplies expense ........ 1.209 Choose from any list or enter any number in the input fields and then click Che Darts