Flexible Budgets: 12 points. Given the Master Budget for Alcalde LLC and the period's actual results, calculate all amounts for the Flexible Budget in the following Performance Report: Budgeted Performance Report Actual Flexible Master Sales volume (cases) 13,200 13,200 12,000 Sales revenue ($26/case) $338,200 $343,200 $312,000 Less: Variable expenses: Sales expense ($2/case) 24,500 26,400 24,000 Shipping expense ($5/case) 65,500 66,000 60,000 Contribution Margin $248,200 $250,800 $228,000 Less: Fixed expenses: Salaries 12,200 10,800 10,800 Office rent 3,500 3,500 3,500 Operating Income $232,500 $236,500 $213,700 Given the following data, calculate ROI and residual income for all three divisions of a sports performance company. The company's minimum acceptable rate of return is 25% Operating Sales Current Residual Assets ROI Income Revenue Liabilities Income Division 1 $1,044,000 $4,500,000 $5,800,000 $450,000 2320% $81,000 Division 2 1,584,000 6,400,000 8,800,000 700,000 2475% $16,000 Is either company generating an acceptable level of income