Finch Manufacturing Company established the following standard price and cost data: $ 8.00 per unit $3.90 per unit $2,900 total $700 total Finch planned to produce and sell 2,500 units. Actual production and sales amounted to 2,600 units. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost Required a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable or unfavorable. 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.

Finch Manufacturing Company established the following standard price and cost data: Finch planned to produce and sell 2,500 units. Actual production and sales amounted to 2,600 units. Required a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable or unfavorable. 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