Panco Industries has a relevant range extending to 30,200 units each month. The following performance 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 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.) *** 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 25000 Master Budget 30,200 Output units 5,200 F 220800 U U $ 193,280 Sales revenue $ 226,000 $ Less: Variable expenses 168,000 Contribution margin Less: Fixed expenses 16,000 U U F F 23,000 U U Operating income