Hi, You helped with my assignment. Here is the feedback from the teacher:

My Grades ? ACC-202-X6005 Managerial Accounting 15EW6

I just completed reviewing your checkpoint submission of FInal Project Part I. Excellent job! I have included comments on your submission, but you will notice that the only budget that requires corrections is the Selling and Administrative expense Budget.

I also have reviewed the Budget Variance Analysis Worksheet and the Budget Variances Report. There is some incorrect information included in the Worksheet and you will need to make revisions to your Budget Variances Report based on your corrections.

** Can you please verify the answer and correct :)

And can you help me complete Part II ... THANKS!!!!

Budget Variance Report Peyton Approved Budget Variance Report For the Year Ended ... Actual Results Static Budget Direct materials variances Cost/price variance Efficiency variance Total direct materials variance 495,000 528,000 528,000 4,800,000 Direct labor variances Cost /price variance Efficiency variance Total direct labor variance 240,250 240,250 240,250 232,500 Favorable/ Unfavorable Variance 33,000 48,000 15,000 F U U 7,750 7,750 N U U Labor and Materials Variance Labor variance actual cost $ 495,000.00 15 Price variance Efficiency Variance actual quantity 33,000 (48,000) Labor variance 15000 standard cost $ 480,000.00 F U 16 standard quantity 30,000 7.75 standard quantity 30,000 33,000 U Materials variance actual cost $ 240,250.00 7.75 actual quantity 31,000 standard cost $ 232,500 Price variance Efficiency Variance (7,750) N U Materials variance 7,750 U (REMEMBER: DELETE EVERYTHING THAT APPEARS IN RED.) Please review the Final Project Part II Rubric (budget analysis) to see how your paper will be scored. Be sure to follow APA format when providing references. If you have questions on APA format, you can check the Purdue OWL website or seek help from the SNHU Writing Center. Notes on APA in a Formal Assignment Set margins to 1 inch all around. Use 12-point Times New Roman font and make sure to double-space. Paragraphs should be at least three to four sentences. Do not include the headings \"Introduction\" and \"Conclusion.\" These are included below to help you lay out your paper. APA format assumes that the introduction begins the paper, the body continues the paper, and the conclusion wraps up the paper, so those headings are not needed. Indent the first line of every paragraph 0.5\". Be careful not to use personal pronouns such as \"I.\" Make sure to delete the Paragraph 1, Paragraph 2, etc. headings as well. Be sure to replace all the text in red on this template with your own writing. (This entire first page can be deleted after you review the suggestions. The paper should begin with your title page that follows.) ACC 202: Final Project Part II Budget Analysis Submission Your Name Southern New Hampshire University (REMEMBER: DELETE EVERYTHING THAT APPEARS IN RED.) Introduction (Delete this heading in your final paper.) In your opening paragraph, very briefly introduce the purpose of your paper. Recall that you will be discussing the budget process, \"make\" or \"buy\" decisions, and nonfinancial performance measures as explained in your rubric instructions. Three or four sentences are sufficient. Paragraph 1 (Delete this heading in your final paper.) Using content from your submissions in Final Project Part I and your readings from Chapters 22, 23, and 25 of your Horngren's text, discuss the initial budget process. Paragraph 2 (Delete this heading in your final paper.) Using content from your submissions in Final Project Part I and your readings from Chapters 22, 23, and 25 of your Horngren's text, discuss the budget variances and potential reasons for variances. Paragraph 3 (Delete this heading in your final paper.) Using content from your submissions in Final Project Part I and your readings from Chapters 22, 23, and 25 of your Horngren's text, discuss any changes you think the company should make based on the variance analysis. What will the changes accomplish? Paragraph 4 (Delete this heading in your final paper.) Using content from your submissions in Final Project Part I and your readings from Chapters 22, 23, and 25 of your Horngren's text, discuss any ethical considerations of the changes you have selected based on the variance analysis. Why would you recommend these changes? Paragraph 5 (Delete this heading in your final paper.) Using content from your submissions in Final Project Part I and your readings from Chapters 22, 23, and 25 of your Horngren's text, discuss the considerations involved in deciding whether to buy a particular component of one of your products or make the product in-house. What factors would you consider? What are the ethical considerations? What implications could this decision have? For each option (i.e., to \"make\" or to \"buy\"), how this will impact the efficiencies of your operations? Paragraph 6 (Delete this heading in your final paper.) Using content from your submissions in Final Project Part I and your readings from Chapters 22, 23, and 25 of your Horngren's text, discuss what suggestions you would make for nonfinancial performance measures that the company should adopt. What are the pros and cons of each? What are the ethical considerations of your suggestions? Explain the significance of each. Conclusion (Delete this heading in your final paper.) The conclusion reminds the reader what your paper is about and allows you to make a final point without introducing new information. Three or four sentences are sufficient. References Nobles, T. L., Mattison, B. L., Matsumura, E. M. (2014). Horngren's financial and managerial accounting (4th ed.). Upper Saddle River, NJ: Pearson Education, Inc. Make sure that you provide appropriate citations in APA style. The text is provided as an example and should be kept in the references for your paper. Feel free to add other resources. Remember to cite ALL the sources that you used to write this papernot only here at the end of your paper, but also within the body to add credibility to your statements. References that you have used should be included in alphabetical order by the author's last name.