Muffins sells its muffins to restaurants and coffee houses for an average selling price of $35 per case. The following information relates to the budget for Dream Muffins for this year (all figures are annual totals unless otherwise noted):

Budget Information Data Table

Budgeted sales in cases. . . . . . . .	7,500 cases
Packaging cost per case. . . . . . . .		$3
Shipping expense per case. . . . . .		$2
Sales commission expense. . . . . .	5% of sales price
Salaries expense. . . . . . . . . . . . . .		$6,300
Office rent. . . . . . . . . . . . . . . . . . . .		$3,400
Depreciation. . . . . . . . . . . . . . . . . .		$2,800
Insurance expense. . . . . . . . . . . .		$2,500
Office supplies expense. . . . . . . .		$700

During the year, Dream Muffins actually sold 8,100 cases, resulting in total sales revenue of $290,800. Actual expenses (in total) from this year are as follows:

Actual Expenses Data Table

Packaging cost. . . . . . . . . . . . . . . . . . .	$24,900
Shipping expense. . . . . . . . . . . . . .	$16,700
Sales commission expense. . . . . . . . .	$14,540
Salaries expense. . . . . . . . . . . . . . . . .	$7,100
Office rent. . . . . . . . . . . . . . . . . . . . . . .	$3,400
Depreciation. . . . . . . . . . . . . . . . . . . . .	$2,800
Insurance expense. . . . . . . . . . . . . . . .	$1,700
Office supplies expense. . . . . . . . . . . .	$1,000

Requirement Construct a flexible budget performance report for Dream 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.)

Dream Muffins sells its muffins to restaurants and coffee houses for an average selling price of $35 per case. The following information Requirement relates to the budget for Drean Muffins for this year (all figures are annual totals unless otherwise noted) (Click the con to view the budget nformation ) During the year, Dream Muffins actually sold 8,100 cases, resulting in total sales revenue of $290 800 Actual expenses (in total) from Construct a flexible budget performance report for Dream 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 "D. A variance of zero is considered favorable.) this year are as follows: (Click the icon to view the actual expenses ) Dream Muffins Flexible Budget Performance Report Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Master ActualBudget Budget VolumeBudget 8,100 cases Variance 8,100 cases Variance 7,500 cases Sales revenue ($35 per case)