Actual Costs	Static Budget	Variance
Direct materials	$438,000	$473,000	$35,000 F
Direct manufacturing labor	63,600	66,000	2,400 F
Direct marketing (distribution) labor	133,500	143,000	9,500 F

Bryant Company's budgeted prices for direct materials, direct manufacturing labor, and direct marketing (distribution) labor per attach case are 543, 56, and $13. respectively. The president is pleased with the following performance report: Click the icon to view the performance report) Actual output was 10,000 attach cases. Assume all three direct-cost items above are variable costs. Requirement is the president's pleasure justified? Prepare a revised performance report that uses a flexible budget and a static budget Prepare a revised performance report that uses a flexible budget and a static budget. Begin with the actual results, then complete the flexible budget columns and the static budget columns Label each variance as favorable (F) or unfavorable (U) (For variances with a $0 balance, make sure to enter in the appropriate field. If the variance is zero, do not select a label) Actual Flexible-Budget Flexible Results Variance Budget Output units 10.000 10.000 Direct materials 5 438.000 35.000 F 475,000 Direct manufacturing labor 63,600 2.400 66,000 Direct marketing labor 133,500 145,000 56:35, 100 46.900 Total direct conta F 682,000 5.500 i Data Table X - Direct materials Direct manufacturing labor Direct marketing (distribution) labor Actual Costs Static Budget $ 438,000 $ 473,000 63,600 66,000 133,500 143,000 Variance $35,000 F 2,400 F 9,500 F Print Done e input fields and then click Check