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Smith Pro 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 criticism. Give your rea Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Smith Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2016 Flexible Sales Budget Flexible Volume Static Variance Budget Variance Budget Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income Actual Results 42,000 $ 219,000 88,000 131,000 107,000 24,000 $ U BE U $ U $ 42,000 219,000 $ 83,000 136.000 102,000 34,000 $ 6,000 F 26,000 F 12,000 U 14,000 F 0 14,000 F Smith Pro 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 criticism. Give your rea Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Smith Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2016 Flexible Sales Budget Flexible Volume Static Variance Budget Variance Budget Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income Actual Results 42,000 $ 219,000 88,000 131,000 107,000 24,000 $ U BE U $ U $ 42,000 219,000 $ 83,000 136.000 102,000 34,000 $ 6,000 F 26,000 F 12,000 U 14,000 F 0 14,000 F Smith Pro 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 criticism. Give your rea Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Smith Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2016 Flexible Sales Budget Flexible Volume Static Variance Budget Variance Budget Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income Actual Results 42,000 $ 219,000 88,000 131,000 107,000 24,000 $ U BE U $ U $ 42,000 219,000 $ 83,000 136.000 102,000 34,000 $ 6,000 F 26,000 F 12,000 U 14,000 F 0 14,000 F