The following table contains a hypothetical partial master budget performance report for Amazing Fudge Company. EEB (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 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.) Amazing Fudge Company Flexible Budget Performance Report: Sales and Operating Expenses For Year Ended December 31 Flexible Budget Flexible Actual Variance Budget Volume Variance Master Budget Sales volume (number of cases sold) 13,400 13,400 12,100 $ 425,300 $ 428,800 s387 200 Sales revenue ($32 per case) Less variable expenses: 24,200 Sales expense ($2 per case sold) Shipping expense ($1 per case sold) $ 24,400 $ 26,800 12,90013,40012,100 388.800360,90 Contribution margin 388,000 350,900 For the Year Ended December 31 Flexible Budget Flexible Actual Variance Budget Volume Variance Master Budget Sales volume (number of cases sold) 13,400 13,400 12,100 425,300 $428,800 387,200 Sales revenue ($32 per case) Less variable expenses Sales expense ($2 per case sold) Shipping expense ($1 per case sold) 24,400 12,900 388,000 26,800 13,400 388,600 24,200 12,100 350,900 Contribution margin Less fixed expenses Salaries 11,600 3,000 373,400 10,800 3,000 $374,800 10,800 3,000 337,100 Office rent Operating income