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i need all 3 requirements answered in detail The Sodis Company produces engine parts for car manufacturers A new accountant at Sodis has accidental deleted

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The Sodis Company produces engine parts for car manufacturers A new accountant at Sodis has accidental deleted the calculations to the company's stations for the younded Debt 2017 The following tatle is what remains of the data Click the konto vw the data) Read the requirements Requirement 1. Calculate all the required variances of your work by accurate, you will find that the totalitaric budget variance is $0) Begin with the fiecle bodget comes then the sales volume variance Column Label each verlance in tvorable (F) ex untavaratile) Foruma 50 balance, make sure progetto walance is do not select a lobo Round you to the whole dar) Actual Flexible Budget Results Variance Budget Units sold 110,000 Revenues 5 470 000 Cotton 217600 Food costs 34.300 1 03.200 Operating con SET 500 Performance Report Year Ended December 31, 2017 Flexible-Budget Flexible Variances Budget Actual Sales-Volume Variances Results 110,000 Static Budget 99.000 S Units sold Revenues (sales) Variable costs Contribution margin Fixed costs 687,500 470.000 356,400 178,200 217.500 134.300 178.200 95,000 83.200 Operating income 83,200 1. Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is $0.) 2. What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit? 3. Review the variances you have calculated and discuss possible causes and potential problems. What is the important lesson learned here

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