Exercise 8-4A (Algo) Determining sales and variable cost volume variances LO 8-3 Finch Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.60 per unit $ 3.80 per unit $2,800 total $1,000 total Finch planned to produce and sell 2,400 units. Actual production and sales amounted to 2,500 units. Required a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable (F) or unfavorable (U). d. Determine the amount of fixed cost that will appear in the flexible budget. e. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. Complete this question by entering your answers in the tabs below. Req A and B Req D Req E Determine the sales and variable cost volume variances and classify the variances as favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Volume Variances Sales F Variable manufacturing Complete this question by entering your answers in the tabs below. Req A and B Reg D Reg E Determine the amount of fixed cost that will appear in the flexible budget. Flexible Budget Fixed manufacturing cost $ 2,800 Fixed selling and administrative costs $ 1,000 Complete this question by entering your answers in the tabs below. Req A and B Req D Req E Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. (Round your answers to 2 decimal places.) Master Budget Flexible Budget Fixed cost per unit