3. Struss Corporation prepared a budget last period that called for sales of 60,000 units at a price of $25 each. The production costs per unit were estimated to amount to $15.00 variable and $5.00 fixed. Selling and administrative costs were all fixed at $50,000. During the period, production was exactly equal to the actual sales volume of 55,000 units. The actual selling price was $26 per unit. Actual variable costs were $18 per unit and actual fixed production costs totaled $325,000. Selling and administrative costs were $29,000. Required: a) Prepare operating statements for the actual output, as well as a static budget and flexible budget. b) Explain what is indicated when comparing the operating statements