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cor manufacturen. A new accourtant inben at Grolon has aceidentaly deletod the comparyys variance analyss calculations for the year anded December 31, 2020. Tn (Cick

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cor manufacturen. A new accourtant inben at Grolon has aceidentaly deletod the comparyys variance analyss calculations for the year anded December 31, 2020. Tn (Cick the icon to vew the data) Reas the cequicements Requirement 1. Calculate al the requred variances. (f your workis accuate, you wit find that the lota statc-budget variance is 30 .) If the variance is tero, do not seloct a label: Round your antsent to the nosest whole dolat? Performance Report, Year Ended December 31, 2020 Requirements 1. Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is $0.) 2. What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit? 3. Review the variances you have calculated and discuss possible causes and potential problems. What is the important lesson learned here

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