Bill & Ben manage the Flowerpot Men, a company that makes and sells flower pots. Bill manages the sales department, and Ben manages the production department. The sales budget for this year is to sell 100 "little teapots" at $10 each, and 200 "tree planters" at $80 each. Actual sales were 100 "little teapots" and 500 "tree planters". Both products were sold at their expected prices. 1. Please calculate the Sales Variance (static budget vs actual sales) to evaluate Bill's performance: Ben had no problems making 100 of the "little teapots", but did have problems making the larger "tree planters". Production details for the "tree planters" are as follows: Price/kg of materials Quantity/unit of materials Budget $ 16.00 3 kg Actual 5. The materials flexible budget variance: 6. The materials price variance: 7. The materials usage variance: 8. Which variance has the biggest financial impact? $16.50 4.5 kg Please calculate the following for the product "tree planters" 2. The cost of materials according to the static budget: 3. The cost of materials according to the flexible budget : 4. The actual total materials cost: