Panco Industries has a relevant range extending to 30,200 units each month. The following porformance report provides information about Panco'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 cont. Enter the variances as positive numbers. Label each variance a favorable (F) or unfavorable (U). If the variance is O, make sure to enter in a "0". A variance of zero is considered favorable) ber mun A B C D E F 2 3 1 Panco Industries 2 Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended June 30 Flexible budget Flexible Volume Actual variance Budget Variance 5 Output units 24,000 6 Sales revenue $ 226,000 $5,200 F ? 7 Less: Variable expenses 170,400 ? $ 8 Contribution margin ? ? 9 Less: Fixed expenses 15,500 10 Operating income Master Budget 30,200 2 ? 193,280 ? 23,000 enses ? ses Panco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended June 30 Flexible budget Flexible Volume Actual variance Budget Variance 24,000 Master Budget 30,200 Output units Sales revenue 5,200 F $ 226,000 $ 170,400 193,280 Less: Variable expenses Contribution margin Less: Fixed expenses 15,500 23,000 Operating income