Baird Manufacturing Company established the following standard price and cost data:

Sales price $ $8\mathrm{.}40$ per unit

Variable manufacturing cost $ $3\mathrm{.}50$ per unit

Fixed manufacturing cost $ $2,500$ total

Fixed selling and administrative cost $ $500$ total

Baird planned to produce and sell $2,100$ units. Actual production and sales amounted to $2,200$ units.

Required

Determine the sales and variable cost volume variances.

Classify the variances as favorable or unfavorable.

Determine the amount of fixed cost that will appear in the flexible budget.

Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity.Baird Manufacturing Company established the following standard price and cost data:

Baird planned to produce and sell $2,100$ units. Actual production and sales amounted to

$2,200$ units.

Required

a$.$ Determine the sales and variable cost volume variances.

b$.$ Classify the variances as favorable or unfavorable.

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.

a$.$ Determine the sales and variable cost volume variances.

b$.$ Classify the variances as favorable or unfavorable.

Note: Select "None" if there is no effect $($i$.$e$.,$ zero variance$).$