Performance Evaluation 629 X E10-26A Prepare a flexible budget p nce report (Learning Objective 5) Main Street Muffins sells its muffins to restaurants and coffee houses for an average sell- ing price of $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 case Shipping expense per case Sales commission expense Salaries expense Office rent De Insurance expense.. 9,100 cases 5% of sales price $6,500 $3,900 $2,500 $1,800 s 900 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: 10,600 s 19,500 12,760 s 7,300 3,900 $ 2,500 $ 1,600 s 1,600 Shipping expense... Salaries expense... Office rent.. Insurance expense.. Office supplies expens.. Requirement Construct a flexible budget performance report for Main Street Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). E10-27A Work backward to find missing values (Learning Objective 5)