JKL Enterprises provides the following data for its flexible budget at different levels of activity for the month of January 2025:

Activity Level (Units)	9,000	11,000	13,000
Sales Revenue ($)	180,000	220,000	260,000
Variable Costs ($)	90,000	110,000	130,000
Fixed Costs ($)	60,000	60,000	60,000

The actual data for January 2025 is:

Units produced and sold: 12,000

Sales revenue: $240,000

Variable costs: $120,000

Fixed costs: $62,000

Required: a. Prepare a flexible budget for the actual activity level of 12,000 units. b. Calculate the sales variance, variable cost variance, and fixed cost variance. c. Analyze the variances and provide possible explanations for the differences. d. Suggest management actions to address unfavorable variances.