Healthful Foods manufactures pumpkin scones. For January 2014

2014, it budgeted to purchase and use 16 comma 000

16,000 pounds of pumpkin at $ 0.88

$0.88 a pound. Actual purchases and usage for January 2014

2014 were 17 comma 250

17,250 pounds at $ 0.82

$0.82 a pound. Healthful

Healthful budgeted for 64 comma 000

64,000 pumpkin scones. Actual output was 62 comma 100

62,100 pumpkin scones.

Requirements

1. Compute the flexible-budget variance.

Please show step-by-step instructions to calculate the flexible-budget variance.