Exercise 15-10A (Algo) Evaluating a cost center including flexible budgeting concepts LO 15-3, 15-4, 15-5 Rundle 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. Convert the static budget into a flexible budget. (Do not round intermediate calculations Calculate the variances. (Indicate the effect of each variance by selecting " F " for favorable, "U" for unfavorable, and " A for no effect (I.e., zero variance).)