Main Street Muffins sells its muffins to restaurants and coffee houses for an average selling price of $32 per case. The following information relates to the budget for Main Street Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget information.)During the year, Main Street Muffins actually sold 9,800 cases, resulting in total sales revenue of $321,900. 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 indicate whether each variance is favorable (F) or unfavorable (U). (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.)

Main Street Muffins sells its muffins to restaurants and coffee houses for an average selling price of $32 per case. The following information relates to the budget for Main Street Muffins for this year (all figures are annual totals unless otherwise noted): E (Click the icon to view the budget information.) During the year, Main Street Muffins actually sold 9,800 cases, resulting in total sales revenue of $321,900. 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 indicate whether each variance is favorable (F) or unfavorable (U). (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.) (.. Main Street Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget Volume 9,800 cases Variance 9,800 cases Variance Master Budget 9,100 cases Sales revenue ($32 per case) F Data table $ 20,200 $ 41,600 $ 3,219 Packaging cost. Shipping expense. Sales commission expense Salaries expense Office rent ... Depreciation 8,100 $ $ 3,600 2,500 Insurance expense 900 Office supplies expense $ 800 Data table 9,100 cases . $ 2 Budgeted sales in cases Packaging cost per case Shipping expense per case Sales commission expense $ 4 1% of sales price 6,500 Salaries expense $ 3,600 Office rent .. Depreciation 2,500 $ $ $ $ Insurance expense 1,700 Office supplies expense 600