Class 8 {Week 9) 1. Santa Variance analysis Santa Ltd manufactures marzipan pies. Last month, it budgeted to purchase and use 15,000 kg of marzipan at 2.10 per kg; budgeted output was ":5 ,000 pics. Actual purchase and use during last month was 16,000 kg at 2 per kg; actual output was 74,000 pies. (a) Calculate the exible budget variance