Marcia's Leather Knits makes and sells leather jackets. Given the following budget and actual data, complete the company's comprehensive performance report (assume static budget of $1,200 units and fixed expenses identical to flexible budget). 2020 Budget data Average sale price per jacket $500 Sales volume 1,500 Supervisor salary $80,000 Number of supervisors 2 Worker hourly rate $20 Materials per jacket $100 Labour hours required per jacket 8 Sales commission per jacket $50 Factory space rental $3,000 per month Retail space rental $2,500 per month Janitorial services $1,000 per month 2020 Actual data Sales revenue $694,200 Sales volume 1,390 Materials per jacket $96.15 Supervisor salaries $152,000 Worker wages $226,223 Sales commissions $70,500 Janitorial services $13,000 Factory space rental $36,000 Retail space rental $30,000 b) Make some conclusions about the company's performance.

 Discuss in detail what was done well and what could be improved in 2021.