PLEASE ANSWER ALL OF THE REQUIREMENTS WITH EXPLANATION FOR A THUMBS UP!

Make sure to answer all requirements for full thumbs up!

2020 included these data: (Click the icon to view the operating budget and actual results.) without detailed analysis of budgeted inputs. Read the reguirements, Begin with the actual results, then compute the static budget and the static-budget variances, Label each variance as favorable or unfavorable. (Enter an operating loss with a minus sign or parentheses,) Requirement 2. Prepare a flexible-budget-based variance analysis of the September performance. variance is zero, do not select a label. Enter operating losses with a minus sign or parentheses.) Data table The budgeted amounts for September 2020 were: The actual results for September 2020 were as follows: Requirements 1. Prepare a static-budget-based variance analysis of the September performance. 2. Prepare a flexible-budget-based variance analysis of the September performance. 3. Why might Bank Organizer find the flexible-budget-based variance analysis more informative than the static-budget-based variance analysis? Explain your