fiequirted Required: Prepare a flexible budget performance report showing both the school's activity variances and revenue and spending variances for March. Label each variance as favorable (F) or unfavorablo (U). (Indicate the effect of each veriance by selecting "F" for favorabie, "U" for unfavorabie, and "None" for no effect (Le,, zero variance). Input all amounts as positive values.) fiequirted Required: Prepare a flexible budget performance report showing both the school's activity variances and revenue and spending variances for March. Label each variance as favorable (F) or unfavorablo (U). (Indicate the effect of each veriance by selecting "F" for favorabie, "U" for unfavorabie, and "None" for no effect (Le,, zero variance). Input all amounts as positive values.)