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Can you please help me in solving the below? The Snack Cafe manufactures different flavors of cupcakes. For September 2021, it budgeted to purchase and
Can you please help me in solving the below?
The Snack Cafe manufactures different flavors of cupcakes. For September 2021, it budgeted to purchase and use 1,490 pounds of flour at $5 a pound. Actual purchases and usage for September were 2,090 pounds at $3 a pound. The Snack Cafe had budgeted for 745 cupcakes, but the actual output was 950 cupcakes.
1. Compute the flexible- budget variance and sales volume variance.
2. Compute the price and efficiency variances.
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