Question 3 a) Salvador Leather makes and sells leather jackets. Given the following budget and actual data, complete the companys comprehensive performance report (assume a static budget of 1,200 units and fixed expenses identical to flexible budget).

2020 Budget data
Average sale price per jacket $500	$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	8
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

2020 Actual data
Sales revenue	$694,200
Sales volume	1,390
Materials per jacket	$96.15
Supervisor salaries	$152,000
Worker wages	$226,223
Sales commissions	$70,500
Janitorial services	$13,000
Factory space rental	$36,000
Retail space rental	$30,000

b) Make some conclusions about the companys performance. Discuss in detail what was done well and what could be improved in 2021.