Question 5, E10-20A (similar to) HW Score: 0%, 0 of 10 points Save Homework: Chapter 10 Part 1 of 2 O Points: 0 of 1 E Murray Company's 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 criticism, Give your reasons. Complete the performance report. (For accounts with a zero balance, make sure to enter "0" in the appropriate cell. Label each variance as favourable (F) or unfavourable (U). If the variance is zero, do not select a label.) Murray Company Income Statement Performance Report Incomplete performance report Year Ended July 31 Flexible Budget for Actual Results at Flexible Budget Actual Number of Sales Volume Static (M Murray Company Actual Prices Variance Output Units Variance Budg Income Statement Performance Report 42 000 42,000 10,000 Output units Year Ended July 31 220,000 220,000 $ 23,000 Sales revenue Flexible Budget for Actual Results at Flexible Budget Actual Number of Sales Volume Static (Master) Variable expenses 82,000 79,000 -11,000 U Actual Prices Variance Output Units Variance Budget 106,000 98.0DO 0 Fixed expenses 42,000 ? 42.000 10,000 F 188,000 177.000 Output units 11,000 Total expenses S 220,000 220,000 $ 23,000 Sales revenue F S 32.000 S 43,000 $ 12,000 Operating income Variable expenses 82.000 79,000 11,000 U 7 Fixed expenses 106,000 98,000 Total expenses 188,000 177,000 11,000 U 7 32.000 Operating Income 43,000 12.000 F Print Help me solve this