Prepare an income statement performance report for XYZ Incorporated based on the information provided in the table below: (calculate FBV and SVV) XYZ Incorporated Actual Results Static Budget Sales Price Total Sales ssss $ $ 65.00 $ 1,007,500.00 $ 64.00 864,000.00 Variable Costs: Direct Materials 217,000.00 $ 168,750.00 Direct Labour $ 279,000.00 $ 270,000.00 MOH $ 74,400.00 $ 64,800.00 Total Variable Costs $ 570,400.00 $ 503,550.00 Fixed Costs: Salaried CEO 128,000.00 $ 110,000.00 Warehouse Rent 144,000.00 $ 144,000.00 Depreciation $ 82,000.00 $ 83,000.00 Total Fixed Costs $ 354,000.00 $ 337,000.00 Operating Income $ 83,100.00 $ 23,450.00