Homework: Chapter 10 Graded Homework Score: 0 of 8 pts 4 of 4 (20 E10-26A (similar to) Organic Muffins sells its muffins to restaurants and coffee houses for an average selling price of $33 per case. The following information relates to the budget for Organic Muffins for this year (all figures are annual totals unless otherwise noted). Click the icon to view the budget information) During the year, Organic Muffins actually sold 7,900 cases, resulting in total sales revenue of $267.900. Actual expenses (in total) from this year are as follows: (Click the icon to view the actual expenses.) Organic Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget Volume 7,900 cases Variance 7,900 cases Variance Master Budget 7.300 cases Sales revenue ($33 per case) Save of 4 (2 complete) HW Score: 53.33%, 16 of 30 pts Question Help information Requirement Construct a flexible budget performance report for Organic Muffins for the year. Be sure to indicate whether each vanance is favorable (F) or unfavorable (U) (Enter the vanances as positive numbers. Label each vanance as favorable (F) or unfavorable (U) If the vanance is 0, make sure to enter in a "0" A variance of zero is considered favorable) totaly from Master Budget 7,300 cases Check Ano Clear All 10:33 PM 5/16/2020 14 (F) or unfavorable (U). (Enter the is 0, make sure to enter in a "0". Actual expenses (in total) from Data Table - X se 7,300 cases 2 $ 1 1 Budgeted sales in cases Packaging cost per case Shipping expense per case Sales commission expense Salaries expense Office rent Depreciation Insurance expense Office supplies expense 5% of sales price $ 6,400 $ 3,900 $ 2,700 $ 2.400 $ 1,000 Print Done Clear A 10 4 of 4 (2 complete) per case. The following information Requirement oted) Construct a flexible budget performance rep (F) or unfavorable (U). (Enter the variances a is 0, make sure to enter in a "0" A variance o 00. Actual expenses (in total) from i Data Table - enses $ $ Packaging cost Shipping expense Sales commission expense Salaries expense Office rent Depreciation Insurance expense Office supplies expense $ $ 3 V 16.900 10,100 13,395 7.900 3,900 2.700 1,900 1,700 $ $ Print Done Clear All