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The following table contains a hypothetical partial master budget performance report for Amazing Fudge Company Click the icon to view the partial master budget performance

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The following table contains a hypothetical partial master budget performance report for Amazing Fudge Company Click the icon to view the partial master budget performance report.) Fill in the missing amounts. Be sure to indicate whether variances are favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label each variance ns favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a *o" A variance of zero is considered favorable.) Amazing Fudge Company Flexible Budget Performance Report: Sales and Operating Expenses For Year Ended December 31 Flexible Flexible Budget Variance Actual Volume Variance Budget 13.400 Master Budget 12,700 Sales volume (number of cases sold) 13,400 $ 383,800 $ 388,600 s 368,300 Sales revenue ($29 per cate) Less variable expenses Sales expense ($5 per case sold) Shipping expense ($2 per caso sold) Contribution margin JL $ 66,500 24,600 292,700 $ 67,000 26,600 294,800 63,500 25,400 279,400 Choose from any list or enter any number in the input fields and then click Check Answer. 1 Dont Clear All Check Answer remaining ion i Data Table A B D E each F 1 Amazing Fudge Company 2 Flexible Budget Performance Report: Sales and Operating Expenses 3 For the Year Ended December 31 Flexible Budget Flexible Volume Master 4 Actual Variance Budget Variance Budget 5 Sales volume (number of cases sold) 13,400 13,400 12,700 6 Sales revenue ($29 per case) $ 383,800 $ 388,600 $368,300 7 Less variable expenses: 8 Sales expense ($5 per case sold) $ 66,500 $ 67,000 $ 63,500 9 Shipping expense ($2 per case sold) 24,600 26,800 25,400 10 Contribution margin 292,700 294,800 279,400 11 Less fixed expenses: 12 Salaries 9,800 9,600 9,600 13 Office rent 3,500 3,500 3,500 $ 279,400 $ 281,700 $ 266,300 14 Operating income pel ses $5 se 1 Print Done list ol

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