Panco industries has a relevant range extending to 38,000 units esch month. The following perofmance report provides information about pancos budget and actual performance for september

Requirements : Fill in the missing numbers in the table . Be sure to label any variences as favorable or unfavorable( enter the variences as positibe numbers. if varience is 0, make sure to enter in a 0. Label each varience as favorable (F) or unfavorable (U) Round intermediary calculations to the nearest cent.

Panco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended September 30 Flexible budget Flexible Volume Actual variance Budget Variance Master Budget Output units 27,000 30,800 $ 5,100F 253,500 5 183,600 189 420 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income 24,000 17,500 || Panco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended September 30 Flexible budget Flexible Volume Actual variance Budget Variance 27,000 ? Master Budget 30,800 Output units $ 5 100F 253,500 $ 183,600 189.420 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income ccccc 17.500 24,000 ? ? Print Done