Question: The following table contains a hypothetical partial master budget performance report for Olvla's Fudge Company. (Click the icon to view the partial master budget performance

 The following table contains a hypothetical partial master budget performance reportfor Olvla's Fudge Company. (Click the icon to view the partial master

The following table contains a hypothetical partial master budget performance report for Olvla's Fudge Company. (Click the icon to view the partial master budget performance report.) Fill in the missing amounts. Be sure to Indicate whether varlances are favorable (F) or unfavorable (U). (Enter the varlances as posltlve numbers. If the varlance ls 0, make sure to enter in a 0. Label each varlance as favorable (F) or unfavorable (U).) Olivia's Fudge Company Flexible Budget Performance Report: Sales and Operating Expenses For Year Ended December 31 Flexible Budget Flexible Variance Budget Volume Variance Master Budget 13,100 Actual Sales volume (number of cases sold) 13,100 11,800 Sales revenue (525 per cass) Less varisble expenses: 322,500 327,500 295,000 Sales expense (51 per case sald) Shipping expense(S5 per case sold $ 11,50o 62,600 240,400 s 13,100s11,800 59,000 224,200 65,500 Contribution margin Less fixed expenses 246,900 11,200 3,200 5 234,000 9,800 3,200 S 235,900 9,800 3.200 211,200 Salaries Office rernt Operating income

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