Points: Murphy Company managers received the following incomplete performance report: Click the icon to view the incomplete performance report) Complete the performance report. Identify the employee group that may deserve praise and the group that may be subject to criticism, Give your reasoning Static Budget Units Sales Volume Variance 5,000 F 27.000 F 13,000 U 14,000 F For the Year Ended July 31, 2018 Flexible Actual Budget Flexible Results Variance Budget 35,000 35,000 219,000 $ 219,000 $ 85,000 84.000 134,000 135,000 105,000 100,000 29.000 S 35,000 $ s Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income 0 s 14.000 F Static Budget Units Murphy Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Sales Actual Budget Flexible Volume Results Variance Budget Variance 35,000 (a) 35,000 5,000 F $ 219,000 (b) $ 219,000 $ 27,000 F 85,000 (C) 84,000 13,000 U 134,000 (d) 135,000 14,000 F 105,000 (e) 100,000 0 29,000 (f) $ 35,000 $ 14,000 F Sales Revenue (g) (h) 0 Variable Expenses Contribution Margin Fixed Expenses 0 (k) (1) Operating Income