Cascade, lnc, produces the bacic Flings used in maty popular foren desserts and treats vanila and drocolate ice creams, puddings, meingues, and fudge. Cascade uses stindard costhng and carries over no invente from ene month to the bext. The ice-ceam peoduct group's rtsults for dune 2020 were as follows: III (Cick the icon to view the resilts) Resd the sgrikemeto Requirements 1 and 2 . Calculate the static budget variance in urics, revenues, variable manufacturing costs, and contibution margn What percentage ia cech satic budget variance refative fo its statc budget amount? Break down each slate budget variance into a the cole bustget variance and a sales wolume variance. percentages to tiro decimal places, x01 Data table Requirements 1. Calculate the stasic-budget variance in units, revenues, variable manufacturing costs, and contribution margin. What percentage is each stabc-budget variance relative to its static-budget amount? 2. Break down each static-budget variance into a flexible-budget variance and a sales-volume variance 3. Calculate the seling price variance. 4. Assume the role of management accountant at Cascade. How would you present the results to Jeff Geller? Should he be more concerned? It so, why