Doux Dulce manufactures kale salads. For January 2018, it budgeted to purchase and use 16,000 kilograms of kale at $1.11 per kilogram; budgeted output was 60,000 salads. Actual purchases and use for January 2018 were 17,000 kilograms at $0.99 per kilogram; actual output was 60,800 salads. Required Calculate the flexible-budget variance. 2. Calculate the price and efficiency variances 3. Comment on the results in requirements 1 and 2. Now determine the formula and calculate the kale costs that will be found in the static budget column of your analysis. (Round your answer to the nearest whole dollar.) Budgeted cost per kilogram Budgeted input Static budget kale costs 1.11 X 16,000 $ 17,760 Determine the formula and calculate the kale costs for the flexible budget. (Round interim answers to two decimals. Round your final answer to the nearest whole dollar.) Budgeted cost per kilogram X Budgeted input for actual output = Flexible budget kale costs 1. 11 16,213.33 $ 17,997 Now enter the amounts above into the analysis and determine the flexible-budget variance. (Label each variance as favourable [F] or unfavourable [U].) Actual Flexible-Budget Flexible Sales Volume Static Results Variance Budget Variance Budget Kale costs $ 16,830 $ 1, 167 F $ 17,997 $ 237 U $ 17,760 Requirement 2. Compute the price and efficiency variances Begin by completing the following table. (Round your answer to the nearest whole dollar.) Actual Input Qty Actual Flexible Costs Budgeted Rate Budget $ 16,830 $ 18,870 $ 17,997 The price variance is $ 2,040 F .(Label each variance as favourable [F] or unfavourable [U].) The efficiency variance is $ 873 U . (Label each variance as favourable [F] or unfavourable [U].) Requirement 3. Comment on the above results. The favourable price variance reflects the actual purchase cost being lower than the budgeted purchase cost per kilogram. The unfavourable efficiency variance reflects the actual materials yield being less than the budgeted yield. The company used more kale (materials) to make the salads than was budgeted