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Please help with the answers ASAP . Need to explain in an hour. Thanks. he following data were collected by Bemidji Co. for the month

Please help with the answers ASAP . Need to explain in an hour. Thanks.image text in transcribed

he following data were collected by Bemidji Co. for the month of June 11,750 units 39/unit $28.50 per unit 24,675 Static budget dat Sales Variable costs Total fixed costs Actual results: Sales Variable costs Total fixed costs 12,900 units @ $38/unit $ 30.60 per unit $23.525 'equired: . 2 & 3. Prepare the static and flexible budgets and show the variances by completing the table given below. (Indicate the effect of ach variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (ie., zero variance).) BEMIDJI COMPANY Statie Budget Performance Report For the Month Ended June 30 Flexible Flexible Budget Variance Sales Volume Variance Budget Static Budget Static Variance Actual Sales (units) Revenue Variable expenses Contribution margin Fixed expenses Income

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