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4 of 22 (7 com This Question: 10 pts Amazing Muffins sells its muffins to restaurants and coffee houses for an average selling price of $32 per case. The following information relates to the budget for Amazing Muffins for this year (all figures are annual totals unless otherwise noted): R wi ea Va EB (Click the icon to view the budget information ) During the year, Amazing Muffins actually sold 8,600 cases, resulting in total sales revenue of $283,400 Actual expenses (in total) from this year are as follows: (Click the icon to view the actual expenses ) Amazing Muffins Flexible Budget Performance Report Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Volume Budget Budget Actual orable.) Data Table 8,100 cases Budgeted sales in cases Packaging cost per case .. . Shipping expense per case Sales commission expense Salaries expense Office rent Depreciation Insurance expense Office supplies expense 3% of sales price S 6,400 $ 3,800 $ 3.200 S 1,600 $ 1,400 Print Done variance of zero is considered f ales revenue of $283,400. Data Table Packaging cost. Shipping expense Sales commission expense Salaries expense Office rent Depreciation.. Insurance expense. Office supplies expense $ 35,300 $ 44,000 8,502 $ 7,800 3,800 3,200 800 1,900 Print Done Requirement Construct a flexible budget performance report for Amazing Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label each variance as favorable (F) or unfavorable (U). If the variance is 0, make sure to enter in a "O".A variance of zero is considered favorable.) f $32 per s are 283,400 penses Master Volume Budget et ses Variance 8,100 cases Amazng Mufins sells its muffins to restaurants and coffee houses for an average selling price of $32 per case The following information relates to the budget for Amazing Muffins for this year (all figures are annual totals unless otherwise noted): Requirement Construct a flexible budget performance rep whether each variance is favorable (F) or u each variance as favorable (F) or unfavorab variance of zero is considered favorable.) EEB (Click the icon to view the budget information.) During the year, Amazing Muffins actually sold 8,600 cases, resulting in total sales revenue of $283,400 Actual expenses (in total) from this year are as follows (Click the icon to view the actual expenses) Amazing Muffins Flexible Budget Performance Report- Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Master Actual Budget BudgetVolume Budget 8,600 cases Variance 8,600 cases Variance 8,100 cases Sales revenue ($32 per case) Variable operating expenses Choose from any list or enter any number in the input fields and then continue to the next

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