of the The Sodun Company producen engine parts for car manufacturer. A now accountant Intern at Sadun has accidentally deleted the company's variance analyse calculation for the year ended December 31, 2020. The Click the icon to view the data) Read the Requirement 1. Calculate all the required variances of your work is in, you will find that the total to budget variance is $0) Begin with the flexible budou columns, then the solus volume verlence column Label each variance a favorable per untevorable (U) (For variance with a bale, beter wererate ou the variance is zero, do not selectabel Round your answers to the nearest whole dolar) Actual Flexible Budget Flexible Vrance Budget Units solid 103.000 Rev $ 250 Vanato 470.000 Coton margin 22620 117400 Fhed costs 1070 Choose from anyone number in the telo and then click Check Performance Report, Year Ended December 31, 2020 Actual Flexible-Budget Sales-Volume Results Variances Flexible Budget Variances 103,000 Static Budget 99,000 $ Units sold Revenues (sales) Variable costs Contribution margin 695,250 470,000 420.750 207 900 225,250 117.400 Fixed costs 212,850 105,000 107,850 107,850 Operating Income 1. Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is $0.) 2. What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit? 3. Review the variances you have calculated and discuss possible causes and potential problems. What is the important lesson learned here