The following table contains a hypothetical partial master budget performance report for Fun Time Fudge Company EB (Click the icon to view the partial master budget performance report.) Fill in the missing amounts. Be sure to indicate whether variances are favorable (F) or unfavorable (U). (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 "O". A variance of zero is considered favorable.) Fun Time Fudge Company Flexible Budget Performance Report: Sales and Operating Expenses For Year Ended December 31 Flexible Budget Flexible Actual Variance Budget Volume Variance Master Budget Sales volume (number of cases sold) 12,800 12,800 12,100 s 430 400 s 435,200 Sales revenue ($34 per case) Less variable expenses: 411,400 Sales expense ($1 per case sold) Shipping expense ($2 per case sold) s 12,100 24,200 396,700 396,800375,100 s 12,800 25,600 $ 10,000 23,700 Contribution margin Less fixed expenses: Salaries 10,200 2,800 s 383,700 8,800 2,800 |$ 385,200! 8,800 2,800 363,500 Office rent Operating income