The Painting Department supervisor has been very pleased with this performance, since actual expenditures have been less than the monthly budget, However, the plant manager believes that the budget should not remain fixed for every month but should "hex" or adjust to the volume of work that is produced in the Painting Department. Additional budget information for the Painting Department is as follows: a. Prepare a fexuble budget for the actual units produced for January, February, and March in the Painting Department, Assume depreciation is a fixed cost. Enter all amounts as positive numbers. If required, round per unit amounts to the nearest cent. tatic Budget vs. Fexible Budget The production supervisor of the Painting Department for Sunny Day Company agreed to the following monthly static budget for the upcoming year: The actual amount spent and the actual units produced in the first three months in the Painting Department were as follows: The Painting Department supervisor has been very pleased with this performance, since actual expenditures have been less than the monthly budget. However, the plant manager believes that the budget should not remain foxed for every month but should "flex" or adjust to the volume of work that is produced in the Painting Department. Additional budget information for the Painting Department is as follows: b. Compare the flexible budget with the actual expenditures for the first three months. What does this comparison suggest? Has the Painting Department performed better than originally thought? Is the department spending more than expected? Feedback Thook Wy wor b. Recall that a flexible budget is like a series of static budgets for different levels of activity. Compare the actual costs to the budgeted costs and comment on the performance of the department