Fant States Paragraph Compute and enter variances in columns 3 and 6. In column 3, enter the variance (difference) between column 2 and column 5; in column 4, label the variance as favorable (F) or unfavorable (U). In column 6, enter the variance between columns 5 and 8, and in column 7 indicate whether this variance is favorable or unfavorable. Which column contains sales volume variances and which column contains flexible budget va riances? The Lester Company has requested a performance report that reports both sales activity variances and flexible budget variances. The following table of information is provided: Column (1) (2) Static (3) (4) F (5) (6) 17 Flexible (8) F Actual Budget Hulpst Results I Number of ut 8,600 9,000 9.000 Sales $215,000 $225,000 $230,000 Less variable condi Materials 51.600 540D 55.000 Labor 43,000 45.000 46,000 Overhead 276 25.000 Selling & 17.2H 18.000 17.000 Contribution margin 577-400 S Es fixed dic Manufacturing 1000 18.000 17000) Nelling & admin 31.000 38,000 SNIGER Eating Files Resse Files