Main Street Muffins Bells its muffins to restaurants and coffee houses for an average selling price of $28 per case. The following information relates to the budget for Main Street Muffins for this year (al figures are annual totals unless otherwise noted): Click the icon to view the budget information.) During the year, Main Street Muffins actually sold 8,400 cases, resulting in total sales revenue of $243,200. Actual expenses (in total) from this year are as follows: Click the icon to view the actual expenses.) Requirement Construct a flexible budget performance report for Main Street Muffins for the year. Be sure to indicale whether each variance is favorable (F) or unfavorable (U), (Enter the variances as positive numbers. Label sach variance as favorabk (F) or unfavorable {U). If the variance is 0, make sure to enter in a '0'. A variance of zero is considered favorable.) Data table Data table Main Street Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget Volume 8,400 cases Variance 8,400 cases Variance Master 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 $ 8.000 cases 5 > 3 4% of sales price 7,000 4,100 2,900 Budget Packaging cost $ 43,300 Shipping expense $ 27,400 Sales commission expense $ 9,728 Salaries expense. $ 7,200 Office rent $ 4,100 Depreciation $ 2,900 Insurance expense. $ 1,200 Office supplies expense ........ $ 1,900 8,000 cases Sales revenue 2.000 ($28 per caso 1.400 Print Done ( Print ) Done Help me solve this Video Get more help Clear all Check