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2020 were 3,400 tires manufactured and sold at a selling price of $116 per tire. The actual total variable costs were $278,800, and the actual

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image text in transcribed 2020 were 3,400 tires manufactured and sold at a selling price of $116 per tire. The actual total variable costs were $278,800, and the actual total fixed costs were $48,000. Read the requirements. Requirement 1. Prepare a performance report with a flexible budget and a static budget. 1. Prepare a performance report with a flexible budget and a static budget. 2. Comment on the results in requirement 1

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