2 Benson Manufacturing Company established the following standard price and cost data. 4 points Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.20 per unit $ 3.70 per unit $2,000 total $ 900 total Skipped Benson planned to produce and sell 2,300 units. Actual production and sales amounted to 2,500 units. eBook Required Hint a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable (F) or unfavorable (U). References d. Determine the amount of fixed cost that will appear in the flexible budget. e. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. Complete this question by entering your answers in the tabs below. Req A and B Reg D Req E Determine the sales and variable cost volume variances and classify the variances as favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Volume Variances Check my work V.IU PEI UI 2 vai LOUIE Hanu i AL LUI 1118 CUS Fixed manufacturing cost Fixed selling and administrative cost $2,000 total $ 900 total Benson planned to produce and sell 2,300 units. Actual production and sales amounted to 2,500 units. 4 points Required Skipped a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable (F) or unfavorable (U). eBook d. Determine the amount of fixed cost that will appear in the flexible budget. e. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. Hint References Complete this question by entering your answers in the tabs below. Req A and B Reg D Req E Determine the amount of fixed cost that will appear in the flexible budget. Flexible Budget Fixed manufacturing cost Fixed selling and administrative costs VGI LOUICHIGUI AL LUI LUSL UILL 2 Fixed manufacturing cost Fixed selling and administrative cost P.IV Pai $2,000 total $ 900 total Benson planned to produce and sell 2,300 units. Actual production and sales amounted to 2,500 units. 4 points Required Skipped a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable (F) or unfavorable (U). eBook d. Determine the amount of fixed cost that will appear in the flexible budget. e. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. Hint References Complete this question by entering your answers in the tabs below. Req A and B Reg D Reg E Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. (Round your answers to 2 decimal places.) Master Budget Flexible Budget Fixed cost per unit 3 Campbell Manufacturing Company established the following standard price and cost data: 4 points Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.40 per unit $ 3.60 per unit $2,400 total $ 600 total Skipped Campbell planned to produce and sell 2,400 units. Actual production and sales amounted to 2,700 units. eBook Hint Assume that the actual sales price is $8.05 per unit and that the actual variable cost is $3.75 per unit. The actual fixed manufacturing cost is $1,700, and the actual selling and administrative costs are $620. References Required a.&b. Determine the flexible budget variances and classify the effect of each variance by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Flexible Budget Variances Sales Variable manufacturing Contribution margin Fixed manufacturing Fixed selling and administrative cost Net income (loss)