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Echo Canyon Muffins sells its muffins to restaurants and coffee houses for an average selling price of $34 per case. The following information relates to
Echo Canyon Muffins sells its muffins to restaurants and coffee houses for an average selling price of $34 per case. The following information relates to the budget for Echo Canyon 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). Echo Canyon Muffins Flexible Budget Performance Report - Sales and Operating Expenses Budget information Actual expenses During the year, Echo Canyon Muffins actually sold 7,500 cases, resulting in total sales revenue of $262,200. Requirement Construct a flexible budget performance report for Echo Canyon Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U)
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