The following data were collected by Bemidji Co. for the month of June: Required: 1, 2& 3. Prepare the static and flexible budgets and show the variances by completing the table given below (Indic of each variance by selecting "F" for favourable, "un for untevourable, and "None" for no efiect (ile, zero varian 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 (f.e., zero variance).) BEMIDJ COMPANY Static Budget Performance Report For the Month Ended June 30