Exercise 8-11A (Algo) Determining materials price and usage variances LO 8-6 Monique's Florals produced a special Mother's Day arrangement that included eight roses. The standard and actual costs of the roses used in each arrangement follow Arnage number of roses per arrangement Price per cose Cons of one per atragement Standard 3:20 + $0.45 a. Actual 1.50 $0.42 $3.52 R Monique's Florals planned to make 760 arrangements but actually made 810 Required .. Determine the total flexible budget materials variance and indicate whether it is favorable (Por unfavorable b. Determine the material price variance and indicate whether it is favorable (F) or unfavorable (UX c. Determine the materials usage variance and indicate whether it is toworable (F) of unfavorable (0) d. Confirm the accuracy of Requirements a, b, and by showing that the sum of the price and usage variances equals the total Variance es Complete this question by entering your answers in the tabs below. Reg Ato Rego Determine the total flexible budget materiais variance materials price variance and materials usage variance Indicate whether it is favorable or unfavorable (U). Delect Month no activar Round voor to a decimal places meyuusu a. Determine the total flexible budget materials variance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (U). c. Determine the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). d. Confirm the accuracy of Requirements a, b, and cby showing that the sum of the price and usage variances equals the total vartance Complete this question by entering your answers in the tabs below. Reg A toc Reg D Determine the total flexible budget materiais variance, materials price variance and materials usage vanance. Indicate whether it is favorable (F) or unfavorable (U). Select one if there is no effect (l.e. zero variance). Round your answers to 2 decimal places.) Total flexible budget materiais variance b. Total materials prie variance Total materials usage variance RegD > cyuncu . Determine the total flexible budget materials variance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (U). c. Determine the materials usage variance and Indicate whether it is favorable (F) or unfavorable (U). d. Confirm the accuracy of Requirements a, b, and cby showing that the sum of the price and usage variances equals the tot variance Complete this question by entering your answers in the tabs below. Reg A to C Regu Confirm the accuracy of Requirements a, b, and by showing that the sum of the price and usage variances equals the total variance. (Select "None" If there is no effect ( zero variance). Round your answers to 2 decimal places.) Price variance Usage variance Total variance
