S.Evergreen Co. provided the following budget and actual data for the year: Sales (30,000 units) $1,290,000 Cost of Sales $210,000 Direct materials Direct labor 540,000 Variable overhead 120,000 Fixed overhead Gross Profit 944,000 $346,000 74,000 Operating expenses: Fixed $10,000 31,000 Variable 21,000 $315,000 Income from operations The company's actual activity for the year: Sales (29,000 units) Cost of Sales $1,264,400 $208,800 Direct materials 536,500 Direct labor 101,500 Variable overhead 75,000 921,800 Fixed overhead $342,600 Gross Profit Operating expenses: $10,000 Fixed Variable 18,850 28,850 $313,750 Income from operations Prepare a flexible budget performance report for the year using the contribution margin format including if the variance is F (favorable) or U (unfavorable). Evergreen Co Flexible Budget Performance Report For the year ended December 31, 2018 Variance Flexible Budge Actual Results c0o.01 ivie lue nsqmoo s Te essi alshmti odsl toni besthsvd sldshs 002 a x9 anids190 bsxi o00.01a tmoo sd gniu poy sri notnogsn sonsnohsq gbud bldeat