ible Budgets - Direct Cost Varianc 1 of 2 (0 complete) rs. A new accountant intern at Richfield has accidentally deleted the calculations on the company's variance analys is accurate, you will find that the total static-budget variance is $0.) ance column. Label each varian eas avorable F or unfavorable For variances with a SO balance, make sure t FlexibleRequirements Budget Calculate all the required variances. (If your work is accurate, you will find that the total statio-budget variance is $0.) What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit? Review the variances you have calculated and discuss possible causes and potential problems. What is the important lesson learned here? 2. 3. Print Done s and then click Check Answer. Clear All