$47,075 Personne expenses Medical supplies Occupancy expenses Administrative expenses $14,700 510,110 54,920 Required: 1. Prepare a planned budget (static budget for Makani Clinic for February (2 Marks) 2. Prepare a planned (static budget) performance report for the static budget variances for February indicating whether they are Favourable (F) or Unfavourable (U (4 Marks) 3. When is a planned budget (static) performance report useful for assessing performance? (1 Marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIV Paragraph Arial 14px DE E A2 IXO Q V 2 MacBook Air $47,075 Personne expenses Medical supplies Occupancy expenses Administrative expenses $14,700 510,110 54,920 Required: 1. Prepare a planned budget (static budget for Makani Clinic for February (2 Marks) 2. Prepare a planned (static budget) performance report for the static budget variances for February indicating whether they are Favourable (F) or Unfavourable (U (4 Marks) 3. When is a planned budget (static) performance report useful for assessing performance? (1 Marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIV Paragraph Arial 14px DE E A2 IXO Q V 2 MacBook Air