Goodtire manufactures tires for the formula 1 motor racing circuit. For august 2020, it budgeted to manufacture and sell 3,000 tires at a variable cost of $73 per tire and total fixed costs of $57,000. The budgeted selling price was $111 per tire. Actual results in august 2020 were 2,700 tires manufactured and sold at a selling price of $113 per tire. The actual variable costs were $218,700 and the actual total fixed costs were $53,500. Prepare a performance report with a flexible budget and a static budget.