The St. Luda Blood Bank a private chartty partly supported by government grants, is located on the Caribbean island of St. Lucia The blood bank has just finished its operauons for September, which was a very busy month due to a powerful hurricane that he belghboring Islands causing many injuries. The hurricane largely bypassed St. Lucia, but residents of St. Lucia willingly donated the 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 SITUS Bank Cost Control Report For the Month Ended September Actu Planning Resut Budget uters of blood collected 570 450 Variances Medical Supplies La testu Equipment depreciation Rent Utilities Adhit Total expense $ 10,665 $8,775 $ 1,890 U 6,084 5,850 234 U 4,480 4,100 380 U 1,800 1,800 1.682 900 1920 12,945 12.275 5700 S. 36,976 3 33,3 2.176 V The managing director of the blood bank was very unhappy with this report, claiming 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 a lot higher than promised in the budget The following cost formulas were used to construct the planning budget Media La El pred Run UER AHL CUNDU $19.5 AN 4 1120 S0 SHOU Required: 1. Complete the flexible budget performance report for September. (Indicate the effect of each variance by selecting "F for favorable. "U" for unfavorable, and "None" for no effect (le, zero variance). Input all amounts as positive values.) St. Lucia Blood Bank Flexible Budget Performance Report For the Month Ended September 30 Flexible Budget Actual Results 570 Planning Budget 450 Liters of blood collected $ Medical supplies Lab tests Equipment depreciation Rent Utilties Administration Total expense $ 10,665 8.084 4 480 1.800 1.002 12.945 S 36,970 8.775 5,850 4.100 1.800 900 12.376 33 800 3