Company managers received the following incomplete performance report: Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning.

I ICAIDIC Juca Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Units 35.000 35,000 5,000 F Sales Revenue $ 219,000 $ 219,000 $ 27,000 F Variable Expenses 85,000 84,000 13,000 U Contribution Margin 134,000 135,000 14,000 F Fixed Expenses 105.000 100,000 0 $ 29,000 $ Operating Income 35,000 $ 14.000 F Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. 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 as well as Data table Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income Murphy Company Flexible Budget Performance Report For the Year Ended July 31, 2024 Flexible Sales Actual Budget Flexible Volume Results Variance Budget Variance 35,000 (a) 35,000 5,000 F $ 219,000 (b) $ 219,000 $ 27,000 F 85,000 (c) 84,000 13,000 U 134,000 135,000 14,000 F 105,000 (e) 100,000 0 $ 29,000 (1) $ 35,000 $ 14,000 F Static Budget (9) (h) 0 0 (k) (0 Print Done