Sweet Muffins sells its muffins to restaurants and coffee houses for an average selling price of $33 per case. The following information relates to the budget for Sweet Muffins for this year (all figures are annual totals unless otherwise noted): View the budget information. View the actual expenses (in total) from this year. Read the requirement. (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U), in the input field after the amount you enter. If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Sales revenue ($33 per case) Sweet Muffins Flexible Budget Performance Report - Sales and Operating Expenses Budget information Actual expenses For the Year Ended December 31 Budgeted sales in cases 8,700 cases Packaging cost $ 18,000 Flexible Flexible Actual Budget Budget 8,900 cases Variance 8,900 cases Volume Variance Master Budget Packaging cost per case $ 2 Shipping expense $ 45,300 Shipping expense per case $ Sales commission expense $ 9,060 8,700 cases Sales commission expense. 3% of sales price Salaries expense. $ 7,500 Salaries expense.. $ 6,500 Office rent. $ 3,100 Office rent. $ 3,100 Depreciation $ 2,700 Depreciation $ 2,700 Insurance expense $ 2,100 Insurance expense.. $ 2,300 Office supplies expense $ 1,300 Office supplies expense 1,000 During the year, Sweet Muffins actually sold 8,900 cases, resulting in total sales revenue of $302,000. Print Done Requirement Print Done Construct a flexible budget performance report for Sweet Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). Print Done