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Preston Company managers received the following incomplete performance report: (Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee
Preston Company managers received the following incomplete performance report: (Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to critic Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable ( Preston Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2024 $ Question 1, EM8-16 (similar to) Part 1 of 3 Actual Results 42,000 212,000 90,000 122,000 108,000 14,000 Flexible Budget Variance U U U U $ Flexible Budget 42,000 212,000 $ 85,000 127,000 104,000 23,000 $ Sales Volume Variance HW Score O Points 4,000 F 18,000 F 10,000 U 8,000 F 0 8,000 F Static Budget
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