Big Daddy Ltd. is a company that manufactures an abdominal exerciser called The DadBod Toner. The following information is for three of the company's activities in 2018:

Rate per Output unit/Batch

Static Actual

Activity Activity Level Cost Driver Budget Cost

Manufacturing Output unit Machine hours $1.10 $1.20

Inspecting Batch Inspection hours $14.00 12.50

Packaging Batch Packaging hours $5.75 $5.40

The output measure is the number of units produced.

Static Actual

Budget Amount

Number of units produced 48,000 49,200

Number of machine hours 12,000 12,300

Batch size in terms of units produced:

Inspection 4 3

Packaging 15 16

Required:

a. Calculate the flexible-budget variance for each activity in 2018.

b. Calculate the price and efficiency variances for each activity in 2018.

2, Tripp Company sells three products with the following seasonal sales pattern:

Products

Quarter X Y Z

1 40% 30% 10%

2 30% 20% 40%

3 20% 20% 40%

4 10% 30% 10%

The annual sales budget shows forecasts for the different products and their expected selling price per unit as follows:

Product Units Selling Price

X 40,000 $ 3

Y 100,000 $12

Z 50,000 $ 5

Required:

Prepare a revenue budget in dollars for each quarter. Present each quarter in a separate column and add a column to show total year sales.