Nanco Industries has a relevant range extending to 30,000 units each month. The following performance report provides information about Nanco's budget and actual performance for June. (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 0, make sure to enter in a "0". A variance of zero is considered favorable.) - X Data table Nanco Industries B B C C D E F 1 2 Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended June 30 Flexible budget Flexible Volume Actual variance Budget Variance 25,000 3 Nanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended June 30 Flexible budget Flexible Volume Actual variance Budget Variance Master Budget 30,000 Output units 4. Master Budget 30,000 5 Output units 25,000 ? Sales revenue 5,000 F 6 Sales revenue $5,000 F ? ? ? $ 240,000 $ 175,000 $ 240,000 175.000 $ 187,500 ? ? ? ? ? $ 187,500 Less: Variable expenses Contribution margin Less: Fixed expenses 7 Less: Variable expenses 8 Contribution margin 9 Less: Fixed expenses ? ? ? ? ? ? 19.500 21,000 19,500 ? ? ? 21,000 Operating income ? ? ? ? 10 Operating income