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having trouble if this is a negative solution an if these are favorable, I'm not sure what I'm comparing? help FAM8-A2 (similar to) Question Help

having trouble if this is a negative solution an if these are favorable, I'm not sure what I'm comparing? help

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FAM8-A2 (similar to) Question Help The systems consulting department of Melton Cricket Products designs systems for data collection, encoding, and reporting to fit the needs of other departments within the company. The cost driver for costs in the systems consulting department is the number of requests made to the department. The expected variable cost of handling a request was $400, and the number of requests expected for June 20X1 was 40. Melton budgeted its monthly fixed costs for the department (salaries, equipment depreciation, space costs) at $65,500. The actual number of requests serviced by systems consulting in June 20X1 was 25, and the total costs incurred by the department was $82,650. Of that amount, $72,500 was for fixed costs. Requirement 1. Compute the static budget variances and the flexible-budget variances for the variable and fixed costs for the systems consulting department for June 20X1. Begin with the actual results, then complete the flexible budget columns and the static budget columns, and finally, compute the static budget variances. Label each variance as favorable or unfavorable. (Enter all amounts as positive numbers. For variances with a $0 balance, make sure to enter "0" in the appropriate field. If the variance is zero, do not select a label.) Actual Flexible-Budget Flexible Sales-Activity Static Static-Budget Results Variances Budget Variances Budget Variances Variable costs 10,150 10,000 (6,000) F 16,000 Fixed costs 72,500 7,000 U 65.500 O 65.500

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