all please

Q1 You are working with a manufacturer under Boards Co. this company creates shop work benches from scratch. They had the following forecasted and budgeted for the full 2017 year: Budgeted 2017 Jan - Dec Sales in dollars $ 500,000 Selling price per unit $ 50 lumber pieces used per set 10 Cost for one unit of lumber $ DLH per unit, $25 per 0.5 At the end on 2017, they knew the following: 120,000 100 Actual 2017 Jan-Dec Sales in dollars $ Selling price per unit $ lumber pieces used (total) Cost for one unit of lumber $ DLS paid total, $24 per hour $ 20,000 5 140,000 A) You remember from your university days, there is a middle step between "static" budget and "actual" budget calcs, and you first have to calculate the flexible revenue budget amount below. Complete all steps necissary to calculate revenue expectations and show it below: B) Boards has no idea what to make of the differences between flexible budgeted and actual. What creates the variance? Can you quantify and explain if the above is Favorable or UNfavorable? 6