E10-40B Work backward to find missing values (Learning Objective 5) Randall Corporation has a relevant range extending to 31,500 units each month. The fol- lowing performance report provides information about Randall's budget and actual per- formance for November. Randall Industries lexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible Budget Variance Budget FlexibleVolume Variance Master Budget Actual Output units $246,500 5 5,800 F Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income $195,300 25,000 Requirement unfavorable