Country Cookin' Inc. begins the budgeting process for the following year in the 1st quarter of the current year. Download this Excel spreadsheetand use the information it contains to:Prepare a flexibl

Country Cookin' Inc. begins the budgeting process for the following year in the 1st quarter of the current year. Download this Excel spreadsheetand use the information it contains to:

• Prepare a flexible budget for sales levels of 26,000, 28,000, and 30,000 smokers.
• Prepare a performance report based on the actual results, flexible budget, and master budget. Prepare a flexible budget and performance report.
• Evaluate the first quarter performance of Country Cookin'.