un 5 6 Pat Products Static Budget Report Month Ended October 31, 2020 7 8 Static Budget 8,000.00 Variance Actual 9,000.00 9 10 11 Sales in units 12 Variable costs: 13 Sales commissions 14 Travel expense 15 Meals expense 16 Entertainment expense 17 Total variable costs 18 Fixed costs: 19 Sales salaries 20 Total costs 21 $ 2,800.00 $ 3,000.00 $ 200.00 U $ 2,400.00 $ 2,400.00 $ $ 1,300.00 $ 1,500.00 $ 200.00 U $ 4,000.00 $ 3,600.00 $ 400.00 F $10,500.00 $10,500.00 $ $ 1,000.00 $ 1,000.00 $ $11,500.00 $11,500.00 $ c) In November, sales are 7,000 units. Actual variable costs decreased by 10% except for entertainment expense which stayed the same. Actual fixed costs did not change from September. Prepare a flexible budget for November (5 marks) d) Comment on Sam's performance in November. (1 mark)