White Company's managers received the following incomplete performance report: 5 (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 reasons. .. Complete the performance report. (For accounts with a zero balance, make sure to enter "0" in the appropriate cell. Label each variance as favourable (F) or unfavourable (U). If the variance is zero, do not select a label.) - Incomplete performance report White Company Income Statement Performance Report Year Ended July 31 Flexible Budget for Actual Results at Flexible Budget Actual Number of Sales Volume Actual Prices Variance Output Units Variance 41.000 41,000 5,000 F $ 216,000 $ 216,000 $ Static (Master) Budget Output units 21,000 F White Company Income Statement Performance Report Year Ended July 31 Flexible Budget for Actual Results at Flexible Budget Actual Number of Actual Prices Variance Output Units 41,000 2 41,000 Sales revenue Variable expenses Fixed expenses Total expenses 86,000 112.000 81,000 101,000 Sales Volume Variance 9,000 U 0 Static (Master) Budget ? 5,000 F Output units 198,000 9,000 U 182,000 $ 216,000 ? $ 216,000 $ 21,000 F ? $ 18,000 34,000 $ 12,000 Operating income F Sales revenue Variable expenses ? ? 86,000 112,000 81,000 101.000 9,000 U -0- ? Fixed expenses ? 198,000 ? Total expenses 182,000 2 9,000 U $ 18,000 ? $ 34,000$ 12,000 ? Operating income Print Done