Benson Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager. The production department's static budget and actual results for Year 3 follow: Required a. Convert the static budget into a flexible budget. b. Caiculate the variances, 8) Answer is not complete. Complete this question by entering your answers in the tabs below. Convert the static budget into a flexitile budget. (Do not round intermed iate calculations.) Complete this question by entering your answers in the tabs below. Convert the static budget into a flexible budget. (Do not round intermediate calculations.) Required a. Convert the static budget into a flexilbie budget. b. Calculate the variances. (x) Answer is not complete. Complete this question by entering your answers in the tabs below. Caiculate the variances. (Indicate the effect of eacti varance by unlecting "F- for favorable, "U for unfavorabie, and "Nane" for no effect (L.,zerovariance)4)