Anderson Enterprises manufactures tires for the Formula 1 motor racing circuit. For August 2014, it budgeted to manufacture and sell 3, 600 tires at a variable cost of $75 per tire and total fixed costs of $56,000. The budgeted selling price was $115 per tire. Actual results in August 2014 were 3, 400 tires manufactured and sold at a selling price of $118 per tire. The actual total variable costs were $285, 600, and the actual total fixed costs were $52, 500. Prepare a performance report that uses a flexible budget and a static budget. Comment on the results in requirement 1 Prepare a performance report that uses a flexible budget and a static budget. Begin with the actual results, then complete the flexible budget columns and the static budget columns. Label each variance as favorable or unfavorable. (For variances with a $0 balance, make sure to enter "0" in the appropriate field. If the variance is zero, do not select a label.) Comment on the results in requirement 1 The total static-budget variance in operating income is $ There is a(n) total flexible-budget variance and a(n) sales-volume variance. The sales-volume variance arises solely because actual units manufactured and sold were than the budgeted 3, 600 units. The flexible-budget variance in operating income is due primarily to the in units variable costs