Question 4: (8 points) Al & Ci The CEO of Buckstars is interested in reviewing the May 2020 performance report for Cost Center. Prepare a brief performance report for the CEO utilizing the following information for Cost Center. Line items should be broken out between direct materials, direct labor, and fixed overhead. Operating budget for May 2020 included these data Ground coffee produced 1350 Units Selling price per unit SIO Direct materials SS Direct labor S2 Fixed cost for the month 2,200 The actual results for May 2020 were as follows Ground coffee produced 1270 Units Selling price per unit SII Direct materials Cost S6 Direct labor Cost S2 Fixed cost for the month 2,000 Answer: Actual Results Variances Flexible Budget Variances Master Budget