Ranco Industries has a relevant range extending to 31,000 units each month. The following performance report provides information about Ranco's budget and actual performance for November. (Click the icon to view the performance report.) Requirement Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Enter the variances as positive numbers. If the variance is 0, make sure to enter in a "0" Label each variance as favorable (F) or unfavorable (U). Round intermediary calculations to the nearest cent.) * Data Table Ranco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Flexible Volume Actual variance Budget Variance 26,000 26,000 Master Budget 31,000 Output units Ranco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Flexible Volume Actual variance Budget Variance 26,000 $ $ Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses 242,000 $ 184.600 57,400 $ 19.500 5,400 21,320 15,920 F U V 236,600 $ 163,280 73,320 $ 45,500 31,400 14.100 U F U $ $ $ 282,100 194.680 87,420 Master Budget 31,000 Output units $ $ 24.500 $ 5,400 F Operating income 242,000 $ 184,600 ? Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses ? 19.500 ? ? 24,500 Operating income Print Done