Top managers of Serback Industries predicted 2018 sales of 14.400 of its product la unit price of $850. Actual sales for the year were 14,100 units at $11.50 each. Variable costs were budgeted at $2.60 per unit and actual variabi were 12.70 per unit. Actual fed costs of $42.000 exceeded budgeted food costs by $5.200 Prepare Sterback's feble budget performance report Whal variance continued moll the year's favorable suts? What caused this variance? Prepare a fete budget performance report for the year. First, complete referible budget performance report through the contribution marginine, then complete the report through the operwing income line. Finally compute the total variances ( E ra o for any rere balances for any so variances, leave the favorable Furfarbe () input bank) Stenback Industries Flexible Budget Performance Report For the Year Ended December 31, 2018 Budget Amounts Per Unit Flexible Budget Variance Actual Results State Sales Volume Variance Flexible Budget Sales Revenue Variable Costs Contrbution Margie Choose from any it or enter any number in the input fields and then click Check Answer. 3 Clear All Check Answer remaining