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Find the values of the missing items. Assume that actual sales volume equals actual production volume. (There are no inventory level changes.) (Do not round
Find the values of the missing items. Assume that actual sales volume equals actual production volume. (There are no inventory level changes.) (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F* for favorable, or "U" for unfavorable. If there is no effect, do not select either option) Reported Flexible Income Marketing and Budget Statement Manufacturing Administrative Sales Price Variance (based on (based on Variance Variance actual sales actual sales volume) volume) Sales Activity Variance Master Budget (based on budgeted sales Volume) 20,000 5 30,000 4.000/F $ 3.800 F 10,000 4.320 Units Sales revenu LOG Variable manufacturing costs Variable marketing and administrative Cou Contribution margin Les Fixed manufacturing costs Fixed marketing and administrative costs Operating profit 19.200 4,000 12.000 0000 $ 1.000 5 5 10.000 400 F 3.600 3,000 4,000 3,600 F $
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