2020 The folswing table is what ternans of the data (Click the icon lo viny the dasta) Redad the tequirernents Requirement 1. Calcuiate alt the required varances fir your wok is accurate you wili tnd that the total shanc budgot variance k50.) leld if the vasianci is zero, do not celect a label Pound your answows to the nearest whole dolat? Data table Requirements 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 buidgeted selling prices? What are the actual and budgeted variable costs per unit? 3. Review the variances you have calculated and discuss possible causes and potential problems. What is the important lesson learned here