Question: 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.

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 "0". A variance of zero is considered favorable.) Fill in all missing numbers in the table. Be sure to label

- Data Table Nanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Flexible Volume Actual variance Budget Variance 28,000 28,000 B D E F Master Budget 30,500 1 Nanco Industries Output units 3 Sales revenue $ 252,000 $ 5,600 F U 204,400 U F $ 189.100 Less: Variable expenses Contribution margin Less: Fixed expenses U U Master Budget 30,500 17.000 F F 23,500 2 Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget Flexible Volume 4 Actual variance Budget Variance 5 Output units 28,000 ? 6 Sales revenue $ 252,000 $5,600 F ? ? 2 7 Less: Variable expenses 204,400 ? ? ? ? $ 8 Contribution margin ? ? 2 2 9 Less: Fixed expenses 17,000 ? ? ? ? ? ? ? 10 Operating income ? ? ? U U Operating income 189,100 ? 23,500 ? Print Done

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