find columns into: actual results, felxible budget variances, flexible budget, sales volume variances, static budget

Anderson Enterprises manufactures tires for the Formula I motor racing circuit. For August 2020 , it budgeted to manufacture and sall 3,700 sires at a variable cost of $74 per tire and total foxed costs of \$\$6,500. The budgeted selling price was $113 per tire. Actual results in August 2020 were 3,600 tires manufactured and sold at a selling price of $117 per tire. The actual total variable costs were $291,600, and the actual total fixod costs were $51,500. Read the mosuirements. Requirement 1. Prepare a performance report with a flexible budget and a statio budget. Begin with the actual results, then complete the flexible budget columns and the static budgot columns. Label each variance as favorable or unfavorable. (For variances with a $0 balance, make sure to enter O in the appropriate field. If the variance is zero, do not seloct a label.) Requirements 1. Prepare a performance report with a flexible budget and a static budget. 2. Comment on the results in requirement 1