Question 3 a) Marcia's Leather Knits makes and sells leather jackets. Given the following budget and actual data, complete the company's comprehensive performance report (assume static budget of 1,200 units and fixed expenses identical to flexible budget). 2020 Budget data Average sale price per jacket $500 Sales volume 1,500 Supervisor salary $80,000 Number of supervisors 2 Worker hourly rate $20 Materials per jacket $100 Labour hours required per jacket Sales commission per jacket $50 Factory space rental $3,000 per month Retail space rental $2,500 per month Janitorial services $1,000 per month 8 2020 Actual data Sales revenue Sales volume Materials per jacket Supervisor salaries Worker wages Sales commissions Janitorial services Factory space rental Retail space rental $694,200 1,390 $96.15 $152,000 $226, 223 $70,500 $ 13,000 $36,000 $30,000 b) Make some conclusions about the company's performance. Discuss in detail what was done well and what could be improved in 2021 b) Make some conclusions about the company's performance. Discuss in detail what was done well and what could be improved in 2021