The St Lucia Blood Bank. a private charity party supported by government grants, is located on the Canbbean island of St Lucia blood bank has just finished its operations for September, which was a very busy month due to a powerful hurricane that hit neighboring islands causing many injuries. The hurricane largely bypassed St. Lucia, but residents of St. Lucia willingly donated their blood to help people on other islands. As a consequence, the blood bank collected and processed over 20% more blood than had been originally planned for the month A report prepared by a government official comparing actual costs to budgeted costs for the blood bank appears below. Continued support from the government depends on the blood bank's ability to demonstrate control over its costs Studeboda Cost Control Report For the Pusthed September Actual Planning ts Butlet Liters of blood collected 50 Medical Supplies tests Tulent decision Rent Utilities Asinistration Total expense $ 10,575.00 1.0 4,157 5.22 235 4,220 3.900 1,700 1.700 12.11 12.250 $36,461 533,3185 3,3 The managing director of the blood bank was very unhappy with this report caining that his costs were higher than expected due to the emergency on the neighboring Islands. He also pointed out that the additional costs had been fully covered by payments from grateful recipients on the other Islands 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 that actual costs were e for higher than promised in the budget The following cost formules were used to construct the planning budget edical copies Lot depreciation ti Arti SEBAS $12.6 53.00 51.700 510,70053 Required: Complete the flexible budget performance report for September indicate the effect of each variance by selecting for favorable. "U" for unfavorable, and "None" for ne efter variance Input all amounts as positive values) Lood 300 470 $ 105 153 s E Rent 1.700 3.000 12