Cole Company managers received the following incomplete performance report: (Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee group that may deserve praise and the group that may be For the Year Ended July 31, 2018 Flexible Sales Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Units 40,000 D 40.000 5,000 F Sales Revenue $ 212,000 $ 212,000 $ 17,000 F Variable Expenses 83,000 82,000 12,000 U Contribution Margin 129,000 130,000 5,000 Fixed Expenses 111,000 101,000 0 Cole Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Actual Budget Flexible Sales Volume Results Variance Budget Variance 40,000 (a) 40.000 5,000 F $ 212,000 (b) $ 212.000 $ 17,000 F 83,000 (c) 82.000 12,000 U 129.000 (d) 130.000 5,000 F 111,000 (e) 101.000 0 Static Budget (9) (h) Units { Sales Revenue Variable Expenses Contribution Margin Fixed Expenses (k) Choose from any list or enter any number in the input fields and then continue to the next question. Print Done Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. 7. This is reflected in the The employee groups that deserve praise or may be subject to criticism for the total variable expenses flexible budget variance and the total fixed expenses flexible budget variance depends V, as well as Choose from any list or enter any number in the input fields and then continue to the next