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Rouse Company managers received the following incomplete performance report: (Click the icon to view the incomplete performance report.) Complete the performance report. Identify the
Rouse 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 reasoning. Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Rouse Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Sales Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Units 40,000 40,000 4,000 F Sales Revenue $ 220,000 220,000 $ 25,000 F Variable Expenses 90,000 83,000 9,000 U Contribution Margin 130,000 137,000 16,000 F Fixed Expenses 109,000 106,000 0 $ Operating Income 21,000 31,000 $ 16,000 F Data table Rouse Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Actual Results Flexible Budget Flexible Sales Volume Static Variance Budget Variance Budget Units 40,000 (a) 40,000 4,000 F (g) Sales Revenue $ 220,000 (b) $ 220,000 $25,000 F (h) Variable Expenses Contribution Margin Fixed Expenses Operating Income 90,000 (c) 130,000 (d) 83,000 9,000 U (i) 137,000 16,000 F (i) 109,000 (e) 106,000 0 (k) 21,000 (1) $ 31,000 $ 16,000 F (1) Print Done
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