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The Little Theatre is a nonprofit organization devoted to staging plays for children. The theater has a very small full-time professional administrative staff. Through a special arrangement with the actors' union, actors and directors rehearse without pay and are paid only for actual performances, The Little Theatre had tentatively planned to put on six different productions with a total of 108 performances. For example, one of the productions was Peter Rabbit, which had a six-week run with three performances on each weekend. The costs from the current year's planning budget appear below. Some of the costs vary with the number of productions, some with the number of performances, and some are fixed and depend on neither the number of productions nor the number of performances. The costs of scenery, costumes, props, and publicity vary with the Likewise, the cost of publicis it doesn't make any difference how many times Poter Rabbit is performed, the cost of the scenery is the same. of the piay. On the of publicizing o play with posters and radio commercials is the same whether there are 10,20,30 performances number of performances. The greater thes of the actors, directors, stagehands, ficket booth personnel, and ushers vary with the hail and printing the programs will vary with the number of pertonces, the higher the wage costs will be. Similarly, the costs of renting the the best estimate is that opproximately 75% of the budgeted costs arees. Administrative expenses are more difficult to analyze, but the remaining 10% depend on the number of performances. costs are fixed, 15% depend on the number of productions staged, and. After the beginning of the year, the board of directors of the theater authorized expanding the theater's program to seven productions and a total of 168 performances. Not surprisingly, octual costs were considerably higher than the costs from the pianning budget. (Grants from Required: 1. Prepare a flexible budget performance report for the year that shows both spending variances and activity variances, (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.)

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