1 Data Table X Sales Volume Variance Static Rouse Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Actual Budget Flexible Results Variance Budget 43,000 (a) 43,000 215.000 (b) $ 215,000 $ 83,000 (0) 78,000 132,000 (d) 137 000 112.000 104.000 20.000 33,000 $ Units 5,000 F 18,000 F 3,000 U Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Budget (9) (h) @ 0) (k) 15,000 F 0 Operating Income $ 15,000 F Print Done Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Sales Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Units 43,000 43,000 5,000 F Sales Revenue $ 215,000 215,000 $ 18 000 F Variable Expenses 83,000 78,000 3,000 U Contribution Margin 132,000 137.000 15.000 F Fixed Expenses 112,000 104,000 0 Operating Income $ 20,000 S 33,000 $ 15,000 F Choose from any list or enter any number in the input fields and then click Check Answer 2 parts remaining Clear All Previous