Campbell 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 2019 follow: Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing cont Static Budget 21,000 kita $130,200 109, 200 31,500 270,900 219,000 $489,900 Actual Results 23,000 kita $179,800 112,400 36,900 329, 100 213, 400 $542,500 Required a. Convert the static budget into a flexible budget. b. Calculate the variances. Complete this question by entering your answers in the tabs below. Required Required B Convert the static budget into a flexible budget. (Do not round intermediate calculations Flexible Budget 23,000 Kits Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing costs Required B Campbell Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager production department's static budget and actual results for 2019 follow: Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing cont Static Budget 21,000 kits $130,200 109,200 31,500 270,900 219.000 $489,900 Actual Results 23,000 kits $179,800 112,400 36,900 329, 100 213,400 $542,500 Required a. Convert the static budget into a flexible budget. b. Calculate the variances. Complete this question by entering your answers in the tabs below. Required A Required B Calculate the variances. (Indicate the effect of each variance by selecting "F" for favouble, "U" for unfavorable, and "None" for no effect (i, zero variance).) Variances Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing costs Required A