\begin{tabular}{|l|r|r|} \hline & Actual & Budgeted \\ \hline Returns processed & 800 & 750 \\ \hline Variable costs & $36,000 & $37,500 \\ \hline Fixed costs & 12,500 & 12,000 \\ \hline \end{tabular} Prepare Carson's static budget and the static budget performance report. Note: Do not use negative signs with any of your answers. Note: Indicate whether the variance is favorable (F) or unfavorable (U) using the drop-down menu in the last column next to the variable amount. The following static budget performance report was prepared for Chip Manufacturing for July. Using a flexible budget, calculate Chip's total flexible budget variance for variable costs. Note: Do not use negative signs with any of your answers. Note: Indicate whether the variance is favorable (F) or unfavorable (U) using the drop-down menu in the last column next the variance amount