1. Fixed Budgets, Flexible Budgets and the Flexible Budget Performance Report (3.5pts): YaHo, Inc. reports the following information for August 2022. Sales Budgeted $80 per unit Actual $1,320,800 total Variable Costs $57 per unit Fixed Costs (total) Units produced and sold. $305,000 total 16,000 $937,250 total $303,200 total 16,400 a. Prepare a flexible budget for August 2022 at the following levels of activity: 14,000 units; 15,000 units; 17,000 units. (1.5pts) b. Prepare a 'Flexible Budget Performance Report' for August 2022 at the actual level of activity of 16,400 units, showing variances between the flexible budget (@16,400 units) and actual results at 16,400 units. List variable and fixed expenses separately, and indicate variances as favorable (F) or unfavorable (U). (1.5pts) C. Calculate the Sales Price Variance for August 2022. Indicate whether this variance is favorable (F) or unfavorable (U). (0.5pts)