Score: 0 of 1 pt 1 of 3 (0 completej HW Score: 0%, E7-22 (book/static) EQuestion He Bryant Company's budgeted prices for direct materials, direct manufacturing labor, and direct marketing (distribution) labor per attach case are $43, $6, and $13, respectively The president is pleased with the following performance repe E(Clck the icon to view the performance report) Actual output was 10,000 atach cases. Assume all three direct-cost tems above are variable oosts Requirement Is the presidents pleasure justified? Prepare a revised performance report that uses a fexible budget and a static budget Prepare a revised performance report that uses a fexible budget and a static budget. Begin with the actual results, then complete the flexible budget columns and the static budget columns. Label each variance as favorable (F) or unfavora (U). (For variances with a 50 balance, make sure to enter in the appropriate feld. If e variance is zero, do not select a label) Actual Results Output units Direct materials Direct manufacturing labor Direct markoting labor Total direct costs Enter any number in the edst fields and then cick Check Answe Check Anewr 5 Clear All parts remaining formance report that uses a flexible budget and a static budget. dget columns. Label each variance budget and "0" in the ap - X Data Table Variance Actual Costs Static Budget 35,000 F 438,000 $ 473,000 $ Direct materials 2,400 F 66,000 63,600 Direct manufacturing labor 9,500 F 143,000 133,500 Direct marketing (distribution) labor Print Done