Flexible Budgets: 12 points. Given the Master Budget for Alcalde LLC and the period's actual results, calculate all amounts for the Flexible Budget in the following Performance Report: Sales volume (cases) Sales revenue ($26/case) Less: Variable expenses: Sales expense ($2/case) Shipping expense ($5/case) Contribution Margin Less: Fixed expenses: Salaries Office rent Operating Income Division 1 Division 2 Actual Operating Assets Income 13,200 Budgeted Performance Report Flexible 13,200 $338,200 24,500 65,500 $248,200 12,200 3,500 $232,500 Sales Current Revenue Liabilities $1,044,000 $4,500,000 $5,800,000 $450,000 1,584,000 6,400,000 8,800,000 700,000 Given the following data, calculate ROI and residual income for all three divisions of a sports performance company. The company's minimum acceptable rate of return is 25%. Master 12,000 $312,000 ROI 24,000 60,000 $228,000 10,800 3,500 $213,700 Residual Income