Carlson Company's budgeted prices for direct materials, direct manufacturing labour, and direct marketing (distribution) labour per attach case are $41, $9, and $15, respectively. The president is pleased with the following performance report: Actual Costs Static Budget Variance Direct materials $ 405,800 $ 442,800 $ 37,000 F Direct manufacturing labour 94,800 97,200 2,400 F Direct marketing (distribution) labour 153,000 162,000 9,000 F Actual output was 9,800 attach cases. Assume all three direct-cost items above are variable costs. Requirement Is the president's pleasure justified? Prepare a revised performance report that uses a flexible budget and a static budget. Actual Flexible-Budget Flexible Sales-Volume Static Results Variance Budget Variance Budget 9,800 0 9,800 1000 U 10800 $ 405,800 $ 4,000 U $ 401,800 41000 442800 94,800 6,600 U 88,200 9000 97200 153,000 6,000 U 147,000 15000 162000 $ 653,600 $ 16,600 U $ 637,000 65000 702000 IS ine presidents pleasure juste analysis, based on a static budget. It makes for changes The existing performance report is a in output levels. an adjustment Click to select your answer(s) and then click Check Answer. no adjustment Is the president's pleasure justified? analysis, bas The existing performance report is a in output levels. Level 1 Click to select your answer(s) and t| Answ Level 2