1. Xion Co. budgets a selling price of $81 per unit, variable costs of $35 per unit, and total fixed costs of $276,000. During June, the company produced and sold 11,400 units and incurred actual variable costs of $357,000 and actual fixed costs of $291,000. Actual sales for June were $945,000. Prepare a flexible budget report showing variances between budgeted and actual results. List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance)

2. (1) Compute the standard cost per unit. (2) Compute the total cost variance for June.

Xion Co. budgets a selling price of $81 per unit, variable costs of $35 per unit, and total fixed costs of $276,000. During June, the company produced and sold 11,400 units and incurred actual variable costs of $357,000 and actual fixed costs of $291,000. Actual sales for June were $945,000. Prepare a flexible budget report showing variances between budgeted and actual results. List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) XION CO. Flexible Budget Report For Month Ended June 30 Flexible Budget Actual Results Variances Fav./Unf. Required information [The following information applies to the questions displayed below.) A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 5 lbs. @ $8 per lb. 3 hrs. @ $16 per hr. 3 hrs. @ $11 per hr. Actual 37,400 lbs. @ $8.10 per lb. 21,900 hrs. @ $16.60 per hr. $ 250, 500 7,400 1) Compute the standard cost per unit. 2) Compute the total cost variance for June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the standard cost per unit. Direct materials Direct labor Overhead Total Required 1 Required 2 > Requieu urmaLIVIT [The following information applies to the questions displayed below.] A manufactured product has the following information for June. Direct materials Direct labor Overhead Units manufactured Standard 5 lbs. @ $8 per lb. 3 hrs. @ $16 per hr. 3 hrs. @ $11 per hr. Actual 37,400 lbs. @ $8.10 per lb. 21,900 hrs. @ $16.60 per hr. $ 250,500 7,400 (1) Compute the standard cost per unit. (2) Compute the total cost variance for June. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute the total cost variance for June. (Indicate the effect of each variance by selecting for favorable, unfavo variance.). Total cost variance