Exercise 15-10A (Algo) Evaluating a cost center including flexible budgeting concepts LO 15-3, 15-4, 15-5 Walton Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production managet. 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. Convert the static budget into a fexible budget, (Do not round intermediate calculations.) Complete this question by entering your answers in the tabs below. Convert the static budget into a flexible budget. (Oo not round intermeciate caicufations.) Complete this question by entering your answers in the tabs below. Caiculate the varlances. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (I.e., zero variance).)