Flexible Factory produces watches in Vancouver. The original (static) budget and actual results for 2020 were as follows: Actual Master Budget No. of units 400 460 Revenue $5,500 $5,600 Direct materials 3,125 2,255 Direct labour 1,010 990 Rental 505 331 Fixed administration costs 900 955 Net income (40) 1,069 Required: Subdivide each variance into a sales-activity variance portion and a flexible-budget variance portion. Use the following format: Actual Results Flexible Budget Variance Flexible Budget Sales Activity Variance Static Budget