Exercise 15-10A (Algo) Evaluating a cost center including flexible budgeting concepts LO 15-3, 15-4, 15 - Solomon Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager. The production department's static budget and actual results for Year 3 follow: Required a. Convert the static budget into a flexible budget b. Calculate the variances. Complete this question by entering your answers in the tabs below. Calculate the variances. (Indicate the effect of each varance by selecting "Fh for favonble, "u" for unfavorable, and "None" for no effect (.e., zero variance)-) Exercise 15-10A (Algo) Evaluating a cost center including flexible budgeting concepts LO 15-3, 15-4, 155 Solomon Medical Equipment Compary makes a blood pressure measuring kit. Jason McCoy is the production manager. The production departments static budget and actual results for Year 3 follow Required a. Convert the static budget into a flexible budget b. Calculate the variances. Complete this question by entering your answers in the tabs below. Convert the static budget into a fexdble budget. (Do not round intermediate calculations.)