Main Street Muffins sells its muffins to restaurants and coffee houses for an average selling price of $26 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 9,500 cases, resulting in total sales revenue of $255,200. 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 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 Master Flexible Budget Actual Volume Budget 9,500 cases Budget 9,100 cases 9,500 cases Variance Variance Sales revenue ($26 per case) X Data Table 9,100 cases 1 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 .$ 2 5% of sales price 6,500 $ 3,900 $ 2,500 1,800 900 Print Done Data Table Packaging cost $ 10,600 Shipping expense. $ 19,500 Sales commission expense......$ 12,760 Salaries expense.. $ 7,300 Office rent 3,900 Depreciation .. $ 2,500 Insurance expense 1,600 Office supplies expense 1,600 $ $ $ $ Print Done