The following table contains a hypothetical partial master budget performance report for Old World Fudge Company. (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 "0". A variance of zero is considered favorable.) Flexible Budget Flexible Actual Variance Budget Volume Variance Master Budget 11,800 Sales volume (number of cases sold) 12,500 12,500 $ 345,200 $ 350,000 330,400 Sales revenue ($28 per case) Less variable expenses: Sales expense ($2 per case sold) Shipping expense ($5 per case sold) Contribution margin 23,600 $ 22,100 61,500 $ 25,000 62,500 59,000 247,800 261,600 262,500 Choose from any list or enter any number in the input fields and then click Check Answer. . i Data Table F al 1 2 3 4 A B D E Old World Fudge Company 2 Flexible Budget Performance Report: Sales and Operating Expenses For the Year Ended December 31 Flexible Budget Flexible Volume Actual Variance Budget Variance 5 Sales volume (number of cases sold) 12,500 12,500 6 Sales revenue ($28 per case) $ 345,200 $ 350,000 7 Less variable expenses: Sales expense ($2 per case sold) $ 22,100 $ 25,000 9 Shipping expense ($5 per case sold) 61,500 62,500 10 Contribution margin 261,600 262,500 11 Less fixed expenses: Master Budget 11,800 $ 330,400 8 $ 23,600 59,000 247,800 Print Done