bay Prepare a fexible budget performance report. (Hint: You will need to calculate the fiexible budget amounts for 4,000 units.) 1 2 As the company owner, which employees would you praise or criticize after you analyze this performance report? Requirement 1. Prepare a flexible budget performance report. (Hint: You will need to calculste the flexible budget amounts for 4,000 units) (Enter a 0 for any zero balances. For any s0 variances, leave the Favorable IFWnfaworable (u irout blank Enter all amounts as positive values.) X Data Table Flexi For Static Budget Actual Results Units 4,000 5,000 Budget 39.500 Sales Revenue 45,000 Act 20,000 Amounts 17,200 Variable Expenses 0 Res Per Unit Contribution Margin 22.300 25,000 Units 14,000 16,000 Fixed Expenses Sales Revenue S 8,300 9.000 Operating Income Delaney Company Flexible Budget Performance Report For the Month Ended June 30, 2018 3 (1)-(3) (3)-(5) Budget Flexible Sales Amounts Actual Budget Flexible Volume Static Per Unit Results Variance Budget Variance Budget Units 0 Sales Revenue Variable Expenses Contribution Margin 11 Vataale Expenses Contribution Margin Fixed Expenses Operating Income