Data table X Data table Budgeted sales in cases....... 7,300 cases Packaging cost... $ 32,300 Packaging cost per case...... $ 4 Shipping expense.. $ 10,800 Shipping expense per case... Sales commission expense $ 5,682 Sales commission expense Salaries expense 2% of sales price Salaries expense... $ 8,200 6,600 Office rent... $ 3,900 Office rent... 3,900 Depreciation $ 3,300 Depreciation. 3,300 Insurance expense $ 800 Insurance expense 1,600 Office supplies expense $ 900 Office supplies expense $ 600 Print Done Amazing Muffins sells its muffins to restaurants and coffee houses for an average selling price of $35 per case. The following information relates to the budget for Amazing Muffins for this year (all figures are annual totals unless otherwise noted): (Click the icon to view the budget information.) During the year, Amazing Muffins actually sold 7,900 cases, resulting in total sales revenue of $284,100. Actual expenses (in total) from this year are as follows: (Click the icon to view the actual expenses.) 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 "0". A variance of zero is considered favorable.) Sales revenue ($35 per case) Amazing Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Actual Budget Flexible Budget Master Volume Budget 7,900 cases Variance 7,900 cases Variance 7,300 cases