Manco Industries has a relevant range extending to 30,000 units each month. The following performance report provides information about Manco's budget and actual performance for November (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. (Round intermediary calculations to the nearest cent. Enter the variances as positive numbers Label each variance as favorable (F) or unfavorable (U). If the variance is O, make sure to enter in a "O". A variance of zero is considered favorable.) Flexible budget variance Flexible Budget Volume Variance Actual 25,000 Output units Master Budget 30,000 5,000 F U Sales revenue Loss: Variable expenses Contribution margin Less: Fixed expenses $ 240,000 $ 175,000 65000 U F $ 187.500 U U F fc 18,500 46500 22,500 Operating income U 3