Is the formula for Flexible budget cost and its calculations are right?

Score: 2.78 of 10 pts 2 of 4 (2 complete) HW Score: 31.94%, 12.78 of 40 pts % E7-26 (book/static) Question Help Sunshine Foods manufactures pumpkin scones. For January 2017, it budgeted to purchase and use 14,750 pounds of pumpkin at $0.92 a pound. Actual purchases and usage for January 2017 were 16,000 pounds at $0.85 a pound. Sunshine budgeted for 59,000 pumpkin scones. Actual output was 59,200 pumpkin scones. Read the requirements. Requirement 1. Compute the flexible-budget variance. Let's begin by determining the formula used to calculate the actual pumpkin costs, then enter the amounts in the formula and calculate the cost. Actual input X = Actual cost per pound 0.85 Actual pumpkin costs 13,600 16,000 Now determine the formula and calculate the pumpkin costs that will be found in the static budget column of your analysis. Budgeted input Budgeted cost per pound = Static budget pumpkin costs 14,750 13,570 0.92 Determine the formula and calculate the pumpkin costs for the flexible budget. (Round your answer to the nearest whole dollar.) Actual output Budgeted cost per pound Flexible budget pumpkin costs 14,800 0.92 13,616 X