Klamaty, SA., is looking for feedback on performance. The company compares the budget for the year with the actual costs. Klamaty, SA., had the following budgeted data: Unit sales for 2019 Unit production for 2019 10.000 10,000 Budgeted fixed overhead for 2019 Supervision Depreciation Rent $18,000 20.000 10.000 Budgeted variable costs per unit: Direct materials Direct labour Supplies Indirect labour Power $18.00 25.00 0.20 1.00 0.10 The following actually occurred: Actual unit sales for 2019 11,000 Actual unit production for 2019 12.000 Actual fixed overhead for 2019: Supervision Depreciation Rent $17.850 20.000 10.000 Actual variable costs for 2019: Direct materials Direct labour Supplies Indirect labour Power $214,000 320.000 2.500 10,000 1.500 Required: a) Prepare a performance report for all costs showing static budget variances b) Prepare a performance report for all costs showing flexible budget variances c) Evaluate the variances (15 marks) 13