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Tanco Industries has a relevant range extending to 32,000 units each month. The following performance report provides information about Tanco's budget and actual performance for

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Tanco Industries has a relevant range extending to 32,000 units each month. The following performance report provides information about Tanco's budget and actual performance for June. (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. (Enter the variances as positive numbers. If the variance is 0, make sure to enter in a "O". Label each variance as favorable (F) or unfavorable {U). Round intermediary calculations to the nearest cent.) i Data Table Tanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended June 30 Flexible budget Flexible Volume Actual variance Budget Variance 25,000 Master Budget 32,000 Output units Tanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended June 30 Flexible budget Flexible Volume Actual variance Budget Variance 25,000 ? $ 5,500 F 243,000 $ 165,000 $ 195.200 Master Budget 32,000 Output units Sales revenue Lese: Variable expenses Contribution margin Lege: Fixed expenses 19,500 23,000 $ 5,500 F 243,000 $ 165.000 Operating income ? ? $ 195 200 Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income 2 23.000 Print Done

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