with explanation for all steps please.

Question 2-15 Points Husky Computers assembles PCs and uses flexible budgeting and a standard cost system. Last year, the company planned to manufacture and sell 12,000 computers using 120,000 parts (its direct materials) and 6,000 direct labour hours. The company's static budget has been recorded in the following performance report Husky actually produced and sold 14,000 computers for total revenue of $2,030,000. It spent $1,400,000 on 145,000 parts (all which were consumed in the production) and $225,000 for 7,500 direct labour hours. Required: Complete the Performance Report Income Statement-title each column and identify each variance as either favourable or unfavourable Husky Computers Income Statement Performance Report For the Year ending December 31, Xxxx Flexible Budget Actual Results Output units Sales revenue Variable Static Budget 12,000 S 1,800,000 anufacturing Expenses 1.200,000 S 180,000 $ 250,000 1,630,000 Li Direct Materials Direct Labour Fixed expenses Total expenses Operating income 170,000