The Broaddus Company has requested a performance report that reports both sales activity variances and flexible budget variances.The following table of information is provided:

\begin{array}{c}\begin{array}{|l|}\hline \text { Column(1) } \\\hline \\\hline \\\hline \text { Number of units } \\\hline \\\hline \text { Seles } \\\hline \text { Less variable costs: } \\\hline \text { Materials } \\\hline \text { Labor } \\\hline \text { Overhead } \\\hline \text { Selling \& admin. } \\\hline \text { Contribution margin } \\\hline \text { Less fixed costs: } \\\hline \text { Manufacturing } \\\hline \text { Selling \& admin } \\\hline \text { Net income } \\\hline \end{array}\begin{array}{c|}\hline \text { (2) } \\\hline \text { Static } \\\hline \text { Budget } \\\hline 8,600 \\\hline\\\hline \$ 430,000 \\\hline\\\hline 103,200 \\\hline 77,400\\\hline 43,000 \\\hline 17,200 \\\hline \$ 189,200 \\\hline \\ \hline 18,000 \\\hline 37,0010 \\\hline \$ 134,200 \\\hline\end{array}\begin{array}{c|}\hline \text { (3) } \\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\end{array}\begin{array}{c|}\hline \text { (4) } \\\hline\text { F}/\\\hline\text {U}\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\end{array}\begin{array}{c|}\hline \text { (5) } \\\hline \text { Flexible } \\\hline \text { Budget } \\\hline9,000 \\\hline\\\hline \$ 450,000 \\\hline\\\hline 108,000 \\\hline81,000 \\\hline 45,000 \\\hline 18,000 \\\hline \$ 198,000 \\\hline \\ \hline 18,000 \\\hline 37,000 \\\hline \$ 143,000 \\\hline\end{array}\begin{array}{c|}\hline \text { (6) } \\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline \end{array}\begin{array}{c|}\hline \text { (7) } \\\hline\text { F}/\\\hline\text {U}\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\\\hline\end{array}\begin{array}{l|}\hline \text { (8) }\\\hline \text { Actual } \\\hline \text { Results } \\\hline 9,000 \\\hline\\\hline \$ 460,000 \\\hline\\\hline 113,000 \\\hline 88,000 \\\hline 44,000 \\\hline 20,000 \\\hline \$ 195,000 \\\hline\\\hline 16,000 \\\hline 38,000 \\\hline \$ 141,000 \\\hline\end{array}\end{array}

Required:
1)Compute and enter variances in columns 3 and 6.In column 3,enter the variance (difference)between column 2 and column 5;in column 4,label the variance as favorable (F)or unfavorable (U).In column 6,enter the variance between columns 5 and 8,and in column 7 indicate whether this variance is favorable or unfavorable.
2)Which column contains sales volume variances,and which column contains flexible budget variances?
3)Comment on this company's performance.

Which of the Following Statements Is True

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