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Complete the budget vs. actual report below using the data provided Circle Favorable or Unfavorable ACTUAL PLAN Difference Salcs Fav. Unfav. Less Variable Cost of
Complete the budget vs. actual report below using the data provided Circle Favorable or Unfavorable ACTUAL PLAN Difference Salcs Fav. Unfav. Less Variable Cost of Goods Sold Variable Selling & Admin Exp Fav. Unfav Fav. Unfav. Fav. Unfav. Fav. Unfav Total Variable Costs Contribution Margin Number of Units Sold 400 410 Per Unit: $200s Sales Price Variable Cost of Goods Sold Variable Selling & Admin Exp $210 70 27 75 25 Variance Analysis: Calculate the following variances. Show all work: Circle Favorable or Unfavorable Fav. Unfav Fav. Unfav. Fav. Unfav, Amount a) Sales - Quantity Variance b) Sales - Price Variance Net Difference c) Cost of Goods Sold - Quantity Variance d) Cost of Goods Sold - Cost (price) Variance Fav. Unfav. Fav. Unfav. Fav. Unfav Net Difference e) Variable Selling & Admin - Quantity Variance f) Variable Selling & Admin - Cost (price) Variance Fav. Unfav. Fav. Unfav Fav. Unfav. Net Difference
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