Nanco Industries has a relevant range extending to 31,000 units each month. The following performance report provides information about Nanco's budget and actual performance for June.

Requirement:

Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable.

Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended June 30 Flexible budget Flexible Volume Actual variance Budget Variance 26,000 Master Budget 31,000 Output units U 5,300 F 190 650 Sales revenue Less. Variable expenses Contribution margin Less Fixed expenses Operating income $ 251,000 $ 182,000 69,000 15,500 54,000 23,500 Nanco Industries has a relevant range extending to 31,000 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) ***** in Ponort: Sales and nerating Expenses