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Score: 0 of 12 pts 1 of 2 (0 complete) > >> HW Score: 0%, 0 of 20 pts E 10-37B (similar to) E Question Help Dream Muffins sells its muffins to restaurants and coffee houses for an average selling price af S32 per case. The following information relates to the bucget for Dream Muffins for this year all figures are annual totals unless ctherwise noteci: (Click the icon to view the budget information) During the yeal Dream Muffins atually sold 7,500 cases, resulting in tal sales revenue of $240,000. Actual experses lin cladi) from this yeal are as lows: E(Click the icon to view actual expenses.) Requirement Construct a flexble budget performance report for Dream Muffins for the year. Be sure to indicate whether each variance is favorable (F) or unfavorable (U). (Enter the variances as positive numbers. Label cach variance as favorable (F) or unfavorable (U). If the variance is make sure to enter in a 0. A ware of ze is considered favorable i a Data Table a Data Table Dream Muffins Flexible Budget Performance Report - Sales and Operating Expenses For the Year Ended December 31 Flexible Flexible Actual Budget Budget volume 7.500 cases Variance 7,500 cases Varianoe Master Budget 8,900 cases = B Packaging cost S Shipping expense.................S Sales commission experie . . S Salanes expense.................S Office remil .......... .......S Sales revenue ($32 per case) CSICSE 15 200 23,500 9,932 8,200 3,400 2,800 1,700 1,800 Burgettexias in cases Packaging cost per case ........ Shipping expense per case Sales commission expense...... Salates expense..... Office rent............. .. Depreciation... Insurance expirse ............ Office supplies expense ........ & 900 cases S2 S3 436 of sales price S 8,700 S 3,400 S 2,000 S 2,200 S 1,100 Depreciation......................8 Insurance experie................ S Office supplies expenso......... S Print Done Print Done Choose from any list or enter any number in the input fieks and then click Check Answer

Explanation / Answer

Dream Muffins

Flexible Budget performance report -sales and operating expense

Dream Muffins

Flexible Budget performance report -sales and operating expense

Actual Flexible budget variance Flexible Budget (7500cases_ Volume variance Master budget sales revenue 240300 300 F 240000   [7500*32] 19200 F 220800    [6900*32]

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