1.	Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is $0.)
2.	What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit?

The Amherst Company produces engine parts for car manufacturers. A new accountant intern at Amherst has accidentally deleted the calculations on the company's variance analysis calculations for the year ended December 31, 2017. The following table is what remains of the data. EB (Click the icon to view the data.) Read the requirements, Requirement 1. Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is S0.) Begin with the flexible budget columns, then the sales volume variance column. Label each variance as favorable (F) or unfavorable (U). (For variances with a $0 balance, make sure to enter "0" in the appropriate field. If the variance is zero, do not select a label. Round your answers to the nearest whole dollar.) Actual Flexible-Budget Flexiblo Results Variance Budget Units sold Revenues (sales S Variable costs Contribution margin Fixed costs 105,000 672,000 450,000 222,000 167,750 54,250 Operatng ncome54 250