Please use Excel to create

A static budget at budgeted sales.

A flexible profit and loss statement budget using actual sales level.

Actual profit and loss statement.

Calculate variances and investigate reasons for two of the most significant variances

my question in in calculating my variances and putting them in my assignment for display for this assignment would i be comparing variances between the static budget and the actual profit and loss statement, the static budget and the flexible profit and loss statement or the flexible profit and loss and the actual profit and loss statement