Question Help Top managers of Yearon Ltd. predicted the following year's sales of 147 500 units of is product at aunt price of 59.40. Actual sales for the year were 14.500 units at $11.00 each. Variable expenses were budgeted $2.40 per unit and cu variable expenses were $2.70 per unit. Actualfed expenses of $460.000 med budgeted deres by $32.500. Prepare Yearon L'income statement performance report Whar variance contributed most to the year's favorable results? What caused this variance? Prepare Yearon Lid's income statement performance report. (For accounts with a zero balance, make sure to enter in the appropriate column. Label aach variance as favorable (F) or unfavourable (the variance is zero, de no select a label) Yearon Ltd. Income Statement Performance Report For the Year Feb Budget for Actual Real Feste Buget Act Number of Actual Prices Variance Output Units SM Budget Varance Output units Sales revenue Variable expenses Fixed expenses Total expenses Operating income Question Help Top managers of Yearon Lid. predicted the following year's sales of 147.500 units of its product at a unit price of $9.40. Actual sales for the year were 144.500 units at $11.00 each Variable expenses were budged $2.40 per unit and we variable expenses were $2.70 per unit. Actual fred expenses of $460.000 exceeded budgeted foxed expenses by $32.500. Prepare Yearon d'income statement performance report. What variance contributed most to the years tourable results? What caused this variance? Prepare Yearon Lid's income statement performance report. (For accounts with a raro balance, make sure to enter in the appropriate column. Label each varislee as favourable (F) or unfavourable (U). If the variance is mare, da not select a label) Yearon Lid Income Statement Performance Report For the Year Flexible Budget for Actual Results at Flexible Budget Actual Number of Sales Vom Actual Prices Variance Output Units Variance Bucal Output units Ses revenue Variable expenses Fed expenses Total expenses Operating income