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Homework: Chapter 23 HWK Save Score: 0 of 22 pts 4 of 6 (0 completa) HW Score: 0% 0 of 100 pts E23-17 (similar to) Question Help Top managers of Slenback Industries predicted 2018 sales of 14.600 units of product at a unit price of $8.00. Actual sales for the year were 14.000 units at $9.00 each. Variable costs wartogatod at 52.40 per unit and actual variable costs were $2.50 perunt Actualfed costs of $12,000 exceeded budgeted find casts by 52.500 Prepare Slenback's flexible budget performance report Wie variance contributed most to the year's favorable results? What caused this variance? Prepare a lexible budget performance report for the year First, complete the flexible budget performance report through the corwibation marginine, the complete the report through the operating moome line. Finally, compute the total variances Erinta U for any zero balances. For any $o variantes leave the favorable (F) Unfavorable input blank. Stenback Industries Flexible Budget Performance Report For the Year Ended December 31, 2018 1 2 3 1 4 5 5 (1)-(3) (3)-15 Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget Units Sales Revenue Vanable costs Contribution Margin