AccountS. Question No.1: Given the following information for Happy manufacturing company for the year ended December 31,2018: Required: Units sold Revenues Variable costs: Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing costs Actual results Flexible budget Static budget 10,000 S 1,250,000 10,000 $1,200,000 12,000 $1,440,000 621,600 600,000 720,000 198,000 160,000 192.000 0 130,500 120,000 144,000 285,000 276,000 276,000 1. Prepare a level 0 analysis of 2018 performance. 2. Prepare a level 1 analysis of 2018 performance. 3. Prepare a level 2 analysis of 2018 performance.