The 5t Lucio Blood Bank: a private charify parly supported by govemmert grants, is locsted on the Caniobean island of: St. Lucia. The blood bank has just finished its operations for Soplember, which was a particularly busy monch oue to o powcyul hurficane that hit neighbouring islands, cassing many injurios. The hurricano largely bypossed St. Lucla, but the residents of S. Lucia willingly donsted their blocd to help people on other islonds. As a consequence, the biood bank collected and processed 24% more blood than had been originaly planned for the month. A repert prepared by a government official comparing actual costs to bucgeted costs for the blood bank appeas below. (The currency on St. Lucia is the East Caribbeon dollit) Conthued support from the government depends on the: blood bank's ability to demonatrate control over its costs. The managing difector of the blood baak was yery unhoppy wath this report elaiming that his costs were higher than. expected due to the emergency on the neighbouring islands. He also pointed out that the additional costs had been fully covered by poyments from groseful reciplents on the other isiands. The government official who prepared the report countered that all of the figures had been submitted by the blood bank to the government, he was just pointing out thal actual costs were a lat higher than promised in the budget. Required: 1. Prepare a new performance repert for September using the flexible budget approach ( Note Even though some of these costs might be classified as direct costs rather than overheod, the flexible budget approach can still be used to prepare a flexible budget performance report). (lindicate the etfect of each varlance by selecting "F" for fovourable, "U for unfavourable, and "None" for no effect (l.e., tero variance). Round "Cost Formula" answers to 2 becimal places) 2. This port of the question is not part of your Connect assignment