Submit The following data were collected by Bemidji Co for the month of June Static budget data: Sales Variable costs Total fixed costs Actual results: Sales Variable costs Total Fixed costs 11.250 units unit $ 27.5e per unit 12.300 units 538/unit $29.40 per unit 5 22,575 Required: 1, 2 & 3. Prepare the static and flexible budgets and show the variances by completing the table given below. (Indicate the effect of each variance by selecting "P" for favourable, "U" for unfavourable, and "None" for no effectie, zero variance)) DEMOJICOMINY Stalagt Performance Report Fof the Moth Ende June 10 ible Mudgal or Soles Wohne Vartance Actual Salle Va Sales (units) Revenue Variable expenses Contribution margin Fred expenses Income SOV urgin costs $ 22,505 are the static and flexible budgets and show the variances by completing the table given below. (Indicate the effect of by selecting "F" for favourable, "U" for unfavourable, and "None" for no effect (i.e., zero variance).) BEMIDJI COMPANY Statie Budget Performance Report For the Month Ended June 30 Flexible Budget Variance Flexible Sales Volume Variance Bodiet Actual Static Budget Static Vatan 385 irgin