Comprehensive cost variance (Appendix 11.1). Here are budget and standard cost data for July for Uncle Tom's Homestyle Lasagna:

For July, the results were as follows:

a. Prepare a variable cost variance analysis.

b. Write a brief report to the management of Uncle Tom's that gives your evaluation of performance and suggests ways management might improve the company's performance.

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Budgeted sales Budgeted production (Uncle Tom's uses just-in-time production methods.) Budgeted marketing and administrative costs. Standard costs to make one lasagna: Pasta Labor Production overhead 2,500 lasagnas at $10 per lasagna 2,500 lasagnas $2,500 per month (all fixed) 1/2 pound at $1 per pound 1/4 hour per lasagna at $10 per hour $5,000 per month (fixed) plus $0.50 per lasagna for extra ingredients. veggie, olive, and beef.