Jesper Company's managers received the following incomplete performance report: (Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasons. Complete the performance report. (For accounts with a zero balance, make sure to enter "0" in the appropriate cell. Label each variance as favourable (F) or unfavourable (U). If the variance is zero, do not select a label.) Jesper Company Income Statement Performance Report Year Ended July 31 Flexible Budget for Actual Results at Actual Number of Sales Volume Flexible Budget Variance Static (Master) Budget Actual Prices Variance Output Units 37,000 37,000 3,000 Output units F $ 223,000 $ Sales revenue 223,000 $ 24,000 F. Variable expenses 11,000 U 82,000 110,000 81,000 102,000 0 Fixed expenses Total expenses 192,000 183,000 11,000 U $ 31,000 40,000 $ 13,000 Operating income F X Incomplete performance report Jesper Company Income Statement Performance Report Year Ended July 31 Flexible Budget for Actual Results at Flexible Budget Actual Number of Sales Volume Actual Prices Variance Output Units Variance Static (Master) Budget ? 37,000 ? Output units 37,000 3,000 F. $ 223,000 ? $ Sales revenue 223,000 $ ? 24,000 F Variable expenses 82,000 110,000 ? ? 81,000 102,000 11,000 U -0- ? ? Fixed expenses 192,000 ? Total expenses 183,000 ? 11,000 U $ 31,000 ? $ 40,000 $ 13,000 ? Operating income F. Print Done