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Score: 0 of 20 pts 5 of 5 (2 complete) EM8-16 (similar to) Stenback Company managers received the following incomplete performance report: Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. Complete the performance report. (Enter a "O" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Stenback Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2024 Flexible Sales Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Units 39,000 39,000 11,000 F Sales Revenue $ 217,000 $ 217,000 $ 19,000 F Variable Expenses 83,000 82,000 8,000 U Contribution Margin 134,000 135,000 11.000 F Fixed Expenses 109,000 105.000 0 Operating Income $ 25,000 $ 30,000 $ 11,000 F Data Table - X Static Budget Units Stenback Company Flexible Budget Performance Report For the Year Ended July 31, 2024 Flexible Sales Actual Budget Flexible Volume Results Variance Budget Variance 39,000 (a) 39,000 11,000 F $ 217,000 (b) $ 217,000 $ 19,000 F 83,000 (C) 82,000 8,000 U 134,000 (d) 135,000 11,000 F 109,000 (e) 105.000 0 $ 25,000 $ 30,000 $ 11,000 F (g) (h) (0) Sales Revenue Variable Expenses Contribution Margin Fixed Expenses 0 (k) Operating Income (0) Print Done