Lionel Train Company has the following information for this year and next year. Current Next Year Year Trains purchased 40,000 48,000 Trains scrapped in production 4,000 3,000 Trains sold 36,000 45,000 Average Selling Price $150.00 $140.00 Average Cost per Train $100.00 $ 90.00 Calculate the Growth, Price and Productivity variances for next year. Indicate if the variance is favorable (F) or unfavorable (U). Reconcile the revenue, costs, and income for the current and next year. 4A Growth 4B Price-Recovery 4C Productivity 4D Reconcile the variances in income from the current year to next year. Current Next Year Growth Price Productivity Year Revenue Cost Income 4E What conclusions can you draw from the variance analysis: