Question 1: Caffeine Machines Inc. (14 marks) Please leave Column A blank so I can use it for marking. Caffeine Machines Inc. manufactures coffee makers. Here is some information related to its 2020 budget. Budgeted total sales dollars 1,240,000 Budgeted average selling price per coffee maker 40.00 Budgeted variable costs per coffee maker 24.00 Budgeted fixed costs in total 295,300 At the end of 2020, Caffeine Machines Inc. had the following actual results for the 2020 year. Actual total sales dollars $ 1,329,000 Actual # of coffee makers sold 35,000 Actual total variable cost 797,400 Actual total fixed costs 285,800 NOTE: If some of the data above is blank it means you haven't entered your student number on the Cover tab. Required: a. Prepare a performance report comparing actual results to budgeted results in contribution income statement format. Ensure that the report includes price and volume variances for revenue, variable costs, fixed costs and operating income (10 marks). Explain to Caffeine Machine's management team in words what made up the difference between budgeted operating income and actual operating income. Makes sure your explanation touches on changes in sales, variable costs, fixed costs and operating income. (4 marks)