Question: i need help solvimg this problem. can you please show me the work of how it is solved. thank you ? Hampton Muffins sells its

i need help solvimg this problem. can you please show me the work of how it is solved. thank you ?

i need help solvimg this problem. can you please show me the

Hampton Muffins sells its muffins to restaurants and coffee houses for an average selling price of $29 per case. The following information relates to the budget for Hampton Muffins for this year (all figures are annual totals unless otherwise noted) Requirement BE(Click the icon to view the budget information.) Construct a flexible budget performance report for Hampton 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 During the year, Hampton Muffins actually sold 9,500 cases, resulting in total sales revenue of $282,700. Actual expenses (in (U). If the variance is 0, make sure to enter in a "0". A variance of zero is considered favorable.) total) from this year are as follows: (Click the icon to view the actual expenses.) i Data Table X Data Table X Hampton Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Budgeted sales in cases . ...... 9.400 cases Packaging cost 19,500 Flexible Flexible Master Packaging cost per case A NN Shipping expense. 49,400 Actual Budget Budget Volume Budget Shipping expense per case . Sales commission expense 2,827 9,500 cases Variance 9,500 cases Variance 9,400 cases Sales commission expense .. .... 1% of sales price Salaries expense 7,100 Sales revenue Salaries expense 6.700 Office rent. 3,800 ($29 per case) Office rent . . . . . 3,800 Depreciation. 2,900 Depreciation. .. 2,900 Insurance expense. . 1.500 Insurance expense. 2,100 Office supplies expense 1.300 Office supplies expense. .... 1,000 Print Done 4 Print Done

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