increasing the facility charge to$3,300 3. At the last minute, Ms. Hubbard decided to add a dessert to the menu, which increased the meal cost to $14.3 per person. 4. Printing, decorations, the speaker's gift, and publicity costs were as budgeted. Required: a. Prepare a flexible budget and compute the sales and variable cost volume variances based on a comparison between the master budget and the flexible budget. b. Compute flexible budget variances by comparing the flexible budget with the actual results. Complete this question by entering your answers in the tabs below. Required hs Required B ices Prepare a flexible budget and compute the sales and variable cost volume variances based on a comparison between the master budget and the flexible budget. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance).) Master Budget Flexible Budget Volume Variance Allocated funds 30,648 Expenses Variable expenses Meals 21,488 Postage 3,120 Fixed expenses Facility 2,800 Printing 1,130 Decorations 1,020 Speaker's gift 310 Publicity 780 Total expenses 30,648 Surplus(deficit) $ 0 Required A Required B >