Check my work Exercise 15-10 Evaluating a cost center including flexible budgeting concepts LO 15-3, 15-4, 15-5 Muskrat 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 2019 follow materials Production in units Direct materials Direct labor abor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing cost Static Actual Budget Results 60,000 kits 64,000 kits $ 525,000 655,000 450,000 464,000 120,000_ 135,000 1,095,000 1,254,000 525,000 512,500 $1,620,000 $1,766,500 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. MacBook Pro Check my wo 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 64,000 Kits Production in units Direct materials Direct labor Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing costs Required B > 07.TOPRAO MW MacBook Pro Check my work Required a. Convert the static budget into a flexible budget. b. Calculate the variances. Complete this question by entering your In the tabs below. Required A Required B Calculate the variances. (Indicate the effect of each variance by selecting 'F for favorable, "U" for unfavo for no effect (i.e., zero variance)-) Variances Direct materials I Variable manufacturing overhead Total variable costs Fixed manufacturing overhead Total manufacturing costs MacBook Pro