Data Table x Budgeted sales in cases. 7,400 cases Packaging cost per case $ 1 ..... Shipping expense per case...... $ 2 Sales commission expense . 5% of sales price $ 6,300 Salaries expense. ... Office rent. ... $ 3,100 . Depreciation. . $ 3,300 Insurance expense $ 1,600 Office supplies expense $ 1,400 Print Done i Data Table X Packaging cost. ... $ 8,700 - - - $ 15,800 . . . Shipping expense Sales commission expense 10,485 $ $ Salaries expense. 7,100 .. Office rent. ... . $ 3,100 Depreciation... $ . . - 3,300 Insurance expense... $ 1,200 Office supplies expense. $ 1,500 Print Done Chocolate Muffins sells its muffins to restaurants and coffee houses for an Requirement average selling price of $27 per case. The following information relates to Construct a flexible budget performance report for Chocolate Muffins for the budget for Chocolate Muffins for this year (all figures are annual totals the year. Be sure to indicate whether each variance is favorable (F) or unless otherwise noted): unfavorable (U). (Enter the variances as positive numbers. Label each Click the icon to view the budget information) variance as favorable (F) or unfavorable (U). If the variance is 0, make total sales revenue of $209,700. Actual expenses (in total) from this year During the year, Chocolate Muffins actually sold 7,500 cases, resulting in sure to enter in a "O". A variance of zero is considered favorable.) are as follows: Click the icon to view the actual expenses.) Chocolate Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget Volume 7,500 cases Variance 7,500 cases Variance Master Budget 7,400 cases Sales revenue ($27 per case) Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts Clear All Check Answer remaining Variable operating expenses: Packaging expense (54 per case sold) Shipping expense ($3 per case sold) Sales commissions (2% of sales price) Faced operating expenses: Salaries Office rent Depreciation Insurance expense Office Supplies expense Total operating expenses