Lewis CaleponS DE TOUWg results To Way Prepore dele vuuge report showing Valles vetween vuugeteu anu au results Sales Variable expenses Fixed expenses (total) Units produced and sold Budgeted $ 950 per unit $ 380 per unit $144,500 Actual $1,470,000 $ 583,000 $ 135,000 1,530 List variable and fixed expenses separately. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance) LEWIS CO. Flexible Budget Performance Report For Month Ended May 31 Flexible Budget Actual Results Variances Fav Unt. Blue Wave Co predicts the following unit Sales for the coming four months: September. 3,700 units: October 4,300 units: November, 7000 units; and December 7,900 units. The company's policy is to maintain finished goods inventory equal to 50% of the next month's sales. At the end of August, the company had 2,400 finished units on hand Prepare a production budget for each of the months of September October, and November, Blue Wave Co. Production Budget September October and November September October Next month's budgeted sales (units) November 0 0 0 Units to the produced 0 O 0 Zira Co. reports the following production budget for the next four months April May June July Production (units) 554 595 587 567 Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal to 30% of next month's production needs. Beginning raw materials inventory for April was 831 pounds. Assume direct materials cost $5 per pound Prepare a direct materials budget for April May, and June (Round your intermediate calculations and final answers to the nearest whole dollar amount.) Each finished unit requires five pounds of raw materials and the company wants to end each month with raw materials inventory equal 10 30% of next month's production needs. Beginning raw materials inventory for April was 831 pounds. Assume direct materials cost $5 per pound Prepare a direct materials budget for April, May, and June (Round your intermediate calculations and final answers to the nearest whole dollar amount.) ZIRA CO. Direct Materials Budget For April May, and June April May June Materials needed for production (lbs) Total materials requirements (lbs) Materials to be purchased (s) Total budgeted direct materials cos