The following data were collected by Bemidji Co. for the month of June: 9,250 units & 31/unit $ 23.50 per unit $19,425 Static budget datan Sales Variable costs Total fixed costs Actual results: Sales Variable costs Total fixed conta 9,900 units $30/unit $ 24.60 per unit $18,775 Required: 1, 2 & 3. Prepare the static and flexible budgets and show the variances by completing the table given below. (Indicate the effect of each variance by selecting "F* for favourable, "U" for unfavourable, and "None" for no effect (ie, zero variance).) BEMIDJI COMPANY Static Budget Performance Report For the Month Ended June 30 Flexible Budget Variance Flexible Budget Sales Volume Vince Static Budget State Va Actual Sales (units) Revenue Variable expenses Contribution margin Fixed expenses Income 4. This part of the question is not part of your Connect assignment."