Thomas de manufactures chainless bicycles on March 31. Thomas Cycles had 106 bikes in Inventory. The company has a policy that the ending inventory in any months of the following month's expected sales Thomas Cycles expects to sell the following number of bikes in each of next four month Click the won to the data) Prepare a production budget for the second quartet, with a column for each month and for the quarter. Data Table Thomas Cycles Production Budget For the Months of April through June April May June Quarter Desired ending inventory April May June July 1.000 1.150 1.30 1.270 Lou Beginning into US Doce Print Done Erdor any number in the edit fields and then continue to the next question What is incorrect in the calculation of the performance evaluation provided below? In other words, find the error? Actual Master Budget Flexible Budget Flexible Budget Volume Variance Variance 42,000 2,000 Sales Volume 42.000 40,000 Sales Revenue $1,266,000 COGS 423,000 Fixed Costs 31,000 Operating Income $812,000 $6,000F 3,000F 1,000U $2,000F $1,260,000 420,000 30,000 $810,000 $60,000F 20,000U OF $40,000F $1,200,000 400,000 30,000 $770,000 A. The Sales Revenue Volume Variance should be Unfavorable B. The amount of the Fixed Costs Flexible Budget Variance should be 0 since the costs are fixed C. Both the Sales Revenue Volume Variance and Flexible Volume Variance should be Unfavorable OD. The COGS Flexible Budget Variance should be Unfavorable Click to select your