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 Flexible Budget Actual Prices Variance Flexible Budget for Actual Number of Output Units Sales Volume Variance Static (Master) Budget 36,000 36,000 Output units 6,000 F $ 217,000 E 217,000 $ 24,000 F Sales revenue Variable expenses 85,000 79,000 9,000 U 110,000 98,000 0 Fixed expenses 195,000 177,000 9,000 Total expenses U 22,000 40,000 $ 15,000 Operating income LL F Rattan Company Income Statement Performance Report Year Ended July 31 Flexible Budget for Actual Results at Actual Prices Flexible Budget Actual Number of Variance Output Units Sales Volume Variance Static (Master) Budget 36,000 ? 36,000 6,000 ? Output units F 217,000 ? $ 217,000 $ 24,000 ? Sales revenue F Variable expenses 85,000 ? 79,000 9,000 U ? 110,000 ? 98,000 -0- ? Fixed expenses 195,000 ? 177,000 Total expenses 9,000 U ? 22,000 ? EA $ 40,000 $ 15,000 ? Operating income F