- Data Table . X Juda Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Actual Budget Flexible Results Variance Budget 39,000 (a) 39,000 216,000 (6) $ 216,000 $ 84,000 (c) 75,000 132,000 (d) 141,000 111,000 (e) 101,000 21,000 (1) $ 40,000 $ Units Sales Volume Variance 1,000 F 22,000 F 3,000 U 19,000 F $ Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income Static Budget (9) (h) (0) 0 (k) () $ 19,000 F Print Done Juda Company managers received the following incomplete performance report: Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F/Unfavorable (U) input blank.) Sales Juda Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Actual Budget Flexible Results Variance Budget 39,000 39,000 216,000 216,000 $ 84.000 75,000 Volume Static Budget Variance 1.000 F Units $ 22,000 F 3,000 U Sales Revenue Variable Expenses Contribution Margin Fixed Expenses 132.000 141,000 19,000 F 111,000 101.000 0 Operating Income $ 21,000 $ 40,000 $ 19,000 F