= Homework: ... (sin Part 1 of 2 HW Score: 4.17%, 0.5 of 12 points O Points: 0 of 1 Save Darien Stenback owns a chain of travel goods stores. Management anticipated selling 11,500 suitcases at an average sales price of $200. Variable expenses were budgeted to be 60% of sales revenue, and the total fixed expense was budgeted to be $120,000. The actual results for the year showed that 10,000 suitcases were sold at an average price of $250. The actual variable expense percentage was 60% of sales revenue and the total fixed expenses were as budgeted Requirement 1. Prepare a performance report for this year. How would you improve Stenback's performance evaluation system to better analyze this year's results? Requirement 1. Prepare a performance report for this year. (For amounts with a $0 balance, make sure to enter "0" in the appropriate cell.) This Year Actual This Year Budget Variance Sales revenue Variable expenses Fixed expenses Net income