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Nanco Industries has a relevant range extending to 30,800 units each month. The following performance report provides information about Nanco's budget and actual performance for

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Nanco Industries has a relevant range extending to 30,800 units each month. The following performance report provides information about Nanco'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. (Enter the variances as positive numbers. If the variance is 0, make sure to enter in a "O". Label each variance as favorable (F) or unfavorable (U). Round intermediary calculations to the nearest cent.) Nanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Volume Flexible budget Flexible Budget Actual variance Variance Master Budget Output units 27,000 30,800 $ 253,500 $5,100F Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses 183,600 189,420 15,500 22,500 Operating income For the Month Ended November 30 Flexible budget Flexible Volume Master Budget Variance get Actual variance Output units 27,000 30,800 Sales revenue Less: Variable expenses $ 253,500 $ 5,100 F 183,600 ? ?$ 189,420 Contribution margin Less: Fixed expenses 15,500 22,500 Operating income

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