for $66,000$ pumpkin scones. Actual output was $57,800$ pumpkin scones.

Read the requirements.

Requirement $1.$ Compute the flexible$-$budget variance.

Lef's begin by determining the formula used to calculate the actual pumpkin costs, then enter the amounts in the formula and calculate the cost.

$]$ Actual pumpkin costs $==$

Actual pumpkin costs

R$$quirements

Compute the flexible$-$budget variance.

Compute the price and efficiency variances.

Comment on the results for requirements $1$ and $2$ and provide a possible explanation for them.