1 Data Table McKnight Company managers received the following incomplete performance report: (Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F/Unfavorable (U) input blank.) McKnight Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Sales Actual Budget Flexible Volume Results Variance Budget Variance 37,000 (a) 37,000 2,000 F $ 217,000 (b) $ 217,000 $ 27,000 F 83,000 76,000 3,000 U Sales Static Budget (g) (1) Volume Static Mcknight Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Actual Budget Flexible Results Variance Budget 37,000 37,000 217,000 217,000 $ 83,000 76,000 134,000 141,000 110,000 107,000 24,000 $ 34,000 $ Budget Units Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses $ Variance 2,000 F 27,000 F 3,000 U 24,000 F 0 24,000 F. Sales Revenue Variable Expenses Contribution Margin 134,000 110,000 24,000 (d) (e) 141,000 24,000 F 107,0000 34,000 $ 24,000 F 0 (k) (1) Operating Income $ $ Fixed Expenses Operating Income $ Print Done Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. This is reflected in the The employee groups that deserve praise or may be subject to criticism for the total variable expenses flexible budget variance and the total fixed expenses flexible budget variance depends V. as well as Choose from any list or enter any number in the input fields and then continue to the next