Smith Company managers received the following incomplete performance report: (Click the icon to view the incomplete performance report.) Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. C. Complete the performance report. (Enter a "0" for any zero balances. For any $0 variances, leave the Favorable (F)/Unfavorable (U) input blank.) Smith Pro Company Flexible Budget Performance Report For the Year Ended July 31, 2024 Data table Sales Actual Flexible Budget Variance Flexible Volume Static Budget Results Variance Budget 38,000 Units 38,000 7,000 F Sales Revenue $ S S 215,000 $ 215,000 81,000 21,000 F 1,000 U Variable Expenses Contribution Margin Fixed Expenses Static Budget (g) 9 (h) h 79,000 136,000 105,000 31,000 $ 134.000 107,000 20,000 F Smith Company Flexible Budget Performance Report For the Year Ended July 31, 2024 Flexible Sales Actual Budget Flexible Volume Results Variance Budget Variance 38,000 (a) 38,000 7,000 F $ 215,000 (b) $ 215,000 $ 21,000 F 81,000 (c) 79,000 1,000 U 134,000 (d) d 136,000 20,000 F 107,000 ( (e) 105,000 0 $ 27,000 S 31,000 $ 20,000 F 0 $ 27,000 Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income $ 20,000 F (0) 0 Operating Income (0) Print Done