a Lanco Industries has a relevant range extending to 30,000 units each month. The following performance report provides information about Lanco's budget and actual performance for June Click the icon to view the performance report) Requirement Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Round intermediary calculations to the nearest cent. 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.) Lanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended June 30 Flexible budget Flexible Volume Actual variance Budget Variance Master Budget 30,000 Output units 25,000 235000 U $ 240,000 $ 172,500 67500 5.000 F U F $ Sales revenue Less: Variable expenses Contribution margin Les Fixed expenses 187,500 U U 18,000 F 22.500 49500 U Operating income Data Table A B D E F 1 2 3 Lanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended June 30 Flexible budget Flexible Volume Actual variance Budget Variance 4 Master Budget 30,000 6 Output units 25,000 ? 6 Sales revenue $ 240,000 $5,000 F ? ? ? 172,500 ? 2 ? $ 187,500 7 Less: Variable expenses 8 Contribution margin 9 Less: Fixed expenses ? ? ? ? ? 18,000 ? ? ? 22,500 ? ? ? 10 Operating income 2 2 Print Done