there is 4 parts to it please complete all

Question 6, E7-21 (book/static) Part 1 of 4 HW Score: 55.56%, 5 of 9 points , 5 9 O Points: 0 of 1 0 Save Sweeney Enterprises manufactures tires for the Formula 1 motor racing circuit. For August 2017, it budgeted to manufacture and sell 3,600 tires at a variable cost of $71 per tire and total foced costs of $55,000. The budgeted selling price was $114 per tire. Actual results in August 2017 were 3,500 tires manufactured and sold at a selling price of $116 per tire. The actual total variable costs were $280,000, and the actual total fixed costs were 551,000 Read the requirements. Requirement 1. Prepare a performance report that uses a flexible budget and a static budget Begin with the actual results, then complete the flexible budget columns and the static budget columns. Label each variance as favorable or unfavorable. (For variances with a 50 balance, make sure to enter in the appropriate field. If the variance is zero, do not select a label) Actual - X Requirements Results Units sold Revenues 1. Prepare a performance report that uses a flexible budget and a static budget. 2. Comment on the results in requirement 1 Variable costs Contribution margin Fixed costs Print Done Operating income Clear all Check answer Help me solve this Etext pages Get more help Rain... do 8:46 PM 3/23/2022 * o H Type here to search po B