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Emerson Company manufactures book bags and has provided the following information for June 2016: (Click the icon to view the information.) Requirements 1. Prepare a flexible budget performance report. (Hint: You will need to calculate the flexible budget amounts for 9,000 units.) 2. As the company owner, which employees would you praise or criticize after you analyze this performance report? Requirement 1. Prepare a flexible budget performance report. (Hint: You will need to calculate the flexible budget amounts for 9,000 units.) (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavo blank. Enter all amounts as positive values.) Emerson Company i Data Table Flexible Budget Performance Report For the Month Ended June 31, 2016 Actual Results Static Budget 2 3 4 5 Units 9,000 10,000 (1)-(3) (3) - (5) Sales Revenue 147,500 $ 160,000 Budget Flexible Sales 46,200 50,000 Amounts Actual Budget Flexible Variable Expenses Volume Static Per Unit Results Variance Budget Variance Budget Contribution Margin 101,300 110,000 Fixed Expenses 21,000 23,000 Units 80,300 $ 87,000 Operating Income Choose from any list or enter any number in the input fields and then click Check Answer. parts Done Print 2 remaining Clear All Check Answ (1)-(3) (3) - (5) Flexible Sales Budget Amounts Per Unit Budget Flexible Actual Results Volume Variance Static Budget Variance Budget Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income

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