The following table contains a hypothetical partial master budget performance report for Divine 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 oor variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) For Year Ended December 31 Flexible Budget variance Flexible Budget 12,900 Volume Variance Master Budget umber of cases sold) 12.900 12, 100 $ 355,700 S 361,200 S 338,800 Sales revenue (528 per case) Loss variable expenses! Sales expense (55 per case sold) Shipping expense (51 per case sold) Contribution margin $ 82,300 11,900 S 84,500 12.900 80,500 12, 100 266,200 281.500 283,800 Choose from any list or enter any number in the input fields and then click Check Answer. Help Me Solve This Video Get More Help Jata Table F 2 3 Master Budget A B D E 1 Divine Fudge Company 2 Flexible Budget Performance Report: Sales and Operating Expenses For the Year Ended December 31 Flexible Budget Flexible Volume Actual Variance Budget Variance Sales volume (number of cases 5 sold) 12,900 12,900 6 Sales revenue ($28 per case) $ 355,700 S 361,200 7 Less variable expenses: Sales expense ($5 per case sold) $ 62,300 64,500 Shipping expense ($1 per case 9 sold) 11,900 12,900 12,100 $ 338,800 CO $ $ 60,500 CO 12.100 Print Done 80F A Data Table Actuai variance Budget variance Buoger 12,900 12,900 12,100 $ 355,700 $361,200 S 338,800 4 Sales volume (number of cases 5 sold) 6 Sales revenue ($28 per case) 7 Less variable expenses: 8 Sales expense (55 per case sold) Shipping expense ($1 per case end 10 Contribution margin 11 Less fixed expenses: 12 Salaries $ 62,300 $ 64,500 $ 60,500 11,900 12.900 12,100 266,200 281,500 283,800 9,600 9,600 10,600 2,800 13 Office rent 2,800 2.800 $ 271,400 $ 268,100 253,800 14 Operating income Print Done