Help doc 740856DC7-046-4901 Editing ON A A Question 2 [25 marks) - Budgeting Activities Mestre Company produces men's ties since 1995. In order to reasonably plan and closely control their marfacturing costs, they use the budgeting system. The following budgeted and actual amounts are released to top management for 2020 and they asked you, a cost accountant, to prepare a performance budget report so that they can aralyre all type of variances including both fastable and 13 Share Cost Budget at 3,000 Units Direct materials Direct laban Equipment depreciation Indirect labous Indirect materials Rent and insurance $75,000 36,000 5,000 3,000 2,000 18,000 Actual Amounts at 3,800 Units $90,000 48,000 5,000 4,000 3,000 19,000 Instructions: a. Prepare a static budget report for Mentothis Company for the year. I marks) Cost English (0.5) Direct materials Text Predictions: On to search Budgeted Static Budget costs at 3,000 Variances units $75.000 Actual costs at 3,800 units 590,000