Tanco Industries has a relevant range extending to 31,000 units each month. The following performance report provides information about Tanco's budget and actual performance for November. (Click the icon to view the performance report.) Requirement Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Round intermediary calculations to the nearest cent. Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) Tanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Actual variance Output units 26,000 Sales revenue $ 251,000 $ 5,300 F Less: Variable expenses 174,200 Contribution margin Less: Fixed expenses 16,000 Operating income Flexible Budget Volume Variance Master Budget 31,000 190,650 22,500 A 1 2 3 B D E F Tanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Flexible Volume Master 4 Actual variance Budget Variance Budget 5 Output units 26,000 ? 31,000 6 Sales revenue $ 251,000 $5,300 F ? ? ? 7 Less: Variable expenses 8 Contribution margin 174,200 ? ? ? 190,650 ? ? ? ? ? 9 Less: Fixed expenses 16,000 ? ? ? 22,500 10 Operating income