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(Click the icon to view the operating budget and actual results.) Read the requirements. Requirement 1. Prepare a static-budget-based variance analysis of the September performance.

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image text in transcribed (Click the icon to view the operating budget and actual results.) Read the requirements. Requirement 1. Prepare a static-budget-based variance analysis of the September performance. Begin with the actual results, then compute the static budget and the static-budget variances. Label each variance as favorable or unfavorable. (Enter an operating loss with a minus sign or parentheses.) The budgeted amounts for September 2020 were: The actual results for September 2020 were as follows: 1. Prepare a static-budget-based variance analysis of the September performance. 2. Prepare a flexible-budget-based variance analysis of the September performance. 3. Why might Check Mate find the flexible-budget-based variance analysis more informative than the static-budget-based variance analysis? Explain your

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