Zachary Medical Equipment Company makes a blood pressure measuring kit. Jason McCoy is the production manager. The production department's static budget and actual results for Year 3 follow: ta Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costa Tixed manufacturing overhead Total manufacturing cont Statie adget 26,000 kita $192,400 166.400 39.000 397,300 213.000 0610.000 Actual Results 20.700 kita $ 250,6801 177,500 46,650 474.910 209.000 563919 ce Required a. Convert the static budget into a flexible budget b. Calculate the variances Required a. Convert the static budget into a flexible budget. b. Calculate the variances. Complete this question by entering your answers in the tabs below. Required A Required B Convert the static budget into a flexible budget. (Do not round Intermediate calculations.) Flexible Budget Kits Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing costs S 0 S 0 Complete this question by entering your answers in the tabs below. Required A Required B Calculate the variances. (Indicate the effect of each variance by selecting "F" for favora for no effect (l.e., zero variance).) Variances Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing costs