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Garbera Enterprises manufactures tires for the Formula 1 motor racing circuit. For August 2017, it budgeted to manufacture and sell 2,900 tires at a variable cost of $75 per tire and total fixed costs of $54,500. The budgeted selling price was $111 per tiro. Actual results in August 2017 were 2,800 tres manufactured and sold at a selling price of $112 per tire. The actual total variable costs were $229,600, and the actual total fixed costs were $52,000 Read the requirements Requirement 1. Prepare a performance report that uses a flexible budget and a static budget. Begin with the actual results, the complete the flexible budget columns and the state budget columns Label each variance as favorable or unfavorable. (For variances with a so balance, make sure to enter in the appropriate field. If the varianon is zero, do not select a label) Actual Flexible-Budget Flexible Sales-Volume Results Variances Budget Variances Budget Static 2800 Uw Rover 220000 Variable Contribution margin Fundos Operating income Requirement 2. Comment on the rain regulament The budget and operating moms xe budou There in any Chooni omylomer any number in the routes and then continue to the next question 1100