Homework: Chapter 10 Homework (required) Save Score: 0 of 1 pt 8 of 9 (8 complete) HW Score: 69.12%, 6.22 of 9 pts E10-27A (similar to) Question Help Lanco Industries has a relevant range extending to 31.000 units each month The following performance report provides information about Lanco's budget and actual performance for November Click the icon to view the performance report) Requirement Fill in all missing numbers in the table Be sure to label any variances as favorable or unfavorable (Round intermediary calculations to the nearest cent Enter the variances as positive numbers Label each variance as favorable (F) or unfavorable (U) If the variance is 0, make sure to enter in a "0" A variance of zero is considered favorable) Lanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Flexible Volume Actual variance Budget Variance 26,000 Master Budget 31,000 Output units 5,300 F $ 251,000 $ 179 400 s 190,650 Sales revenue Less Variable expenses Contrbution margin Less Fixed expenses Operating income 25,500 15,500 Choose from any list or enter any number in the input fields and then click Check Answer. Clear All Check Answer All parts showing 43% 00) AENG 7:51 PM 4/18/2021 nco Industriac boc o colouant conan avtandina to 24.000 unite nach month. The followina nacformance copact oroida i Data Table - X & A B C D E E F 1 2 3 Lanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Flexible Volume Actual variance Budget Variance 4 4 Master Budget 5 Output units 26,000 ? 31,000 6 Sales revenue $ 251,000 $5,300 F ? ? ? B1 7 Less: Variable expenses 179,400 ? ? ? $ 190,650 ? U ? ? ? ? 8 Contribution margin 9 Less: Fixed expenses 15,500 ? ? ? 25,500 , ? ? ? ? 10 Operating income 25.5 Print Done in tho input fields and then click Check