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Jordan Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Pixed selling and administrative cost $
Jordan Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Pixed selling and administrative cost $ 8.80 per unit $ 3.70 per unit $2,200 total $ 900 total Jordan planned to produce and sell 2,900 units. Actual production and sales amounted to 3,100 units. Required a. Determine the sales and variable cost volume variances, b. Classify the variances as favorable (F) or unfavorable (U). d. Determine the amount of fixed cost that will appear in the flexible budget. e. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity Complete this question by entering your answers in the tabs below. Reg A and B Reg D ReqE Determine the sales and variable cost volume variances and classify the variances as favorable (F) or unfavorable (U). (Select "None" if there is no effect (.e., zero variance).) Volume Variances Sales Variable manufacturing Red A and B Reg D > Complete this question by entering your answers in the tabs below. t nces Reg A and B Reg D Rege Determine the amount of fixed cost that will appear in the flexible budget. Flexible Budget Fixed manufacturing cost Fixed selling and administrative costs nt Complete this question by entering your answers in the tabs below. int Reg A and B ReqD Reg E rences Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. (Round your answers to 2 decimal places.) Master Budget Flexible Budget Fixed cost per unit
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