Rattan 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.) Rattan Company Income Statement Performance Report Year Ended July 31 Actual Results at Actual Prices Flexible Budget Variance Flexible Budget for Actual Number of Output Units 42,000 42,000 Sales Volume Variance 11,000 F Output units $ 217,000 $ 217,000 $ Sales revenue 21,000 F Variable expenses 82,000 81,000 14,000 U Fixed expenses 106,000 102,000 0 Total expenses 188,000 183,000 14,000 U $ 29,000 S 34,000 $ 7,000 Operating Income F Static (Master) Budget