Performance Ev E1026A Prepare a flexibie budget performance report (Leaming Objective 5) Main Street Muffins sells its muffins to restaurants and coffee houses for an average sell ing price of S$26 per case. The following information relates to the budget for Main Street Muffins for this year (all figures are annual totals unless otherwise noted): Budgeted sales in cases Packaging cost per cas.. Shipping expense per case. Sales Salaries expense. Office rent.... Depreciation 9,100 cases commission expense 5% of sales price $6,500 $3,900 $2,500 $1,800 $900 Office supplies expense. During the year, Main Street Muffins actually sold 9,500 cases, resulting in total sales rev- enue of $255,200. Actual expenses (in total) from this year are as follows: Packaging cos. Shipping expense. Sales commission expense. Salaries expense.... Office rent. Depreciation Insurance expense... Office supplies expense.. $10,600 $ 19,500 $12,760 7,300 s 3,900 $ 2,500 s 1,600 $ 1,600 Requirement Construct a flexible budget performance report for Main Street Muffins for the Sure to indicate whether each variance is favorable (F) or unfavorable year. Be fnd missina values ( earnina Qbiectiue Sl