Requirements 1. Prepare a static-budget-based variance analysis of the September performance. 2. Prepare a flexible-budget-based variance analysis of the September performance. 3. Why might Finance Organizer find the flexible-budget-based variance analysis more informative than the static-budget-based variance analysis? Explain your answer. Data table The budgeted amounts for September 2020 were: The actual results for September 2020 were as follows: Finanob Organizer Printers, inc, produces luoury checkbooks with three checks and stubs per page. Each checkbook is designed lor an individual customer and is ordered through the customer's bank. The compary/s operating budget for Septomber 2020 included these data: Ifll (Click the locon to view the operating budget and actual results) The executive vice presidont of the company observed that the opecating incoene for September was much lower ftan anticipated, despite a higher-than-budgeted seling price and a lowier-thanbusgetod variable cost per unit. As the company's managoment accountant, you have been asked lo provide explanaticns for the disappointing Sepleriber results. Finance Organizer develops its flexoble budget on the basis of budgeted per-output-unt reverue and per-output-unit variable costs wichout datalied analysis of budgeted inputs. Bogin with the actual results, then compute the static budget and the stase-busget variances. Label each variance as tavorable or unfavorable. (Entar an coecating less with a minis sign or parenthesos? Plequirement 2. Prepare a fexble-budgel based variance anabis of the Sopherber performance