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Lanco Industries has a relevant range extending to 30,400 units each month. The following performance report provides information about Lanco's budget and actual performance for

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Lanco Industries has a relevant range extending to 30,400 units each month. The following performance report provides information about Lanco's budget and actual performance for April. EB (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. (Enter the variances as positive numbers. If the variance is 0, make sure to enter in a "o". Label each variance as favorable (F) or unfavorable (U). Round intermediary calculations to the nearest cent.) 24000 Output units 24,000 30,400 s225,000 s 5,400 F 230400 Sales revenue Less: Variable expenses 172 800 14880 3 U 239937 F 191,520 Contribution margin Less: Fixed expenses Operating income 18,000 24,000 Choose from any list or enter any number in the input fiolds and then continue to the next question. et and act For the Month Ended April 30 Flexible budget Flexible Volume ce is 0, m Actual variance Budget Variance Master Budget 24,000 30,400 Output units s 225,000 $ 5400 F Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income 191,520 72,800 24,000 18,000 Print Done

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