Please complete the full question

Mcknight Company managers received the following incomplete performance report: (Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Mcknight Pro Company i Data Table - X Flexible Budget Performance Report For the Year Ended July 31, 2024 Flexible Sales Mcknight Company Actual Budget Flexible Volume Static Flexible Budget Performance Report Results Variance Budget Variance Budget For the Year Ended July 31, 2024 Units 34,000 34,000 1,000 F Flexible Sales Sales Revenue $ 214,000 $ 214,000 $ 23,000 F Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Variable Expenses 81,000 78,000 5,000 U Units 34,000 (a) 34,000 1,000 F (g) Contribution Margin 133,000 136,000 18,000 F Sales Revenue $ 214,000 (b) $ 214,000 $ 23,000 F (h) Fixed Expenses 110,000 108,000 0 Variable Expenses 81,000 (c) 78,000 5,000 U (i) Operating Income $ 23,000 28,000 $ 18,000 F Contribution Margin 133,000 (d) 136,000 18,000 F Fixed Expenses 110,000 (e) 108,000 0 (k) Operating Income $ 23,000 (f) 28,000 $ 18,000 F (1) Print Done