Rundle Company has provided the following for the year. Budget Sales $ 509,000 Variable product costs 198,000 Variable selling expense 46,000 Other variable expenses 3,400 Fixed product costs 16,100 Fixed selling expense 24,200 Other fixed expenses 1,200 Interest expense 760 Variances Sales 8,000 U Variable product costs 4,500 F Variable selling expense 1,900 U Other variable expenses 1,700 U Fixed product costs 260 F Fixed selling expense 410 F Other fixed expenses 110 U Interest expense 100 F Required a. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each variance is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).)

Rundle Company has provided the following for the year. Required a. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each variance is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) a. Prepare in good form a budgeted and actual income statement for internal use. Separate operating income from net income in the statements and indicate whether each variance is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).)