Finch Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager. The productioi department's static budget and actual results for Year 3 follow. Required a. Convert the static budget into a flexible budget. b. Calculate the varlances. Complete this question by entering your answers in the tabs below. Convert the static budget into a flexible budget. (Do not round intermediate calculations.) Requlred a. Convert the static budget into a flexible budget b. Calculate the varlances. Complete this question by entering your answers in the tabs below. Convert the static budget into a flexible budget. (Do not round intermediate calculations.) Requlred a. Convert the statc budget into a flexible budget b. Calculate the varlances. Complete this question by entering your answers in the tabs below. Calculate the variances. (Indicate the effect of each variance by selecting " F " for for no effect (i.e., zero variance).)