Transcribed image text: IUDICU. IUI HUILA The following data were collected by Bemidji Co. for the month of June: Static budget data: Sales Variable costs Total fixed costs Actual results: Sales Variable costs Total fixed costs 9,750 units e 33/unit $ 24.50 per unit $20,475 10,500 units @ $32/unit $ 25.80 per unit $19,725 Required: 1, 2 & 3. Prepare the static and flexible budgets and show the variances by completing the tabl each variance by selecting "F" for favourable, "U" for unfavourable, and "None" for no effec BEMIDJI COMPANY Static Budget Performance Report For the Month Ended June 30 Flexible Flexible Budget Variance Sal Budget Actual Sales (units) Revenue Variable expenses Required: 1, 2 & 3. Prepare the static and flexible budgets and show the variances by completing the table given below. (indicate the effect of each variance by selecting "F" for favourable, "U" for unfavourable, and "Nono" for no effect (e., zero varlence).) BEMIDJI COMPANY tatie Budget Performance Report For the Month Ended June 20 Plexiblen Varianos boles Volume Variante nut Actual te doel Bataan Sales (units) Ravenue Variable expenses Contribution margin Fixed expenses Income