Meadow Foods manufactures pumpkin scones. For January 2017 budgeted to purchase and use 14500 pounds of pump $0.87 a pound. Meadow budged for $8.000 pumpkin scones Actual output was 52,500 pumpkin scones Read the requirements 10 91 a pound ca purchase and usage for anuary 2017 were 15.000 pounds at Requirement 1. Compute the budget arance Let's begin by determining the formula sed to calculate the purg o , then enter the amounts in the form and calculate the cost Actualit Actual cost per pound A 15.000 13.050 Now determine the formula and the pump hat will be found in the budget of your analysis Budgeted cost per pound X Budgeted input Static budget pumpkin costs 0191 13,195 Determine the formula and calculate the pumpkin costs for the fewbie budget. Round your w o r st whole Budgeted cost per pound Budgeted input for actual output - Febbugun 13,125 11,944 to Now enter the amounts above into the analysis and termine the flexible-budget vanance Pound your answers to the nearest whore doar Labachance Actual Flexible-Budget Flexible Sales Volume State Results Variance Budget Variance Budget 1105 25 F Choose from any list or enter any number in the input fields and then click Check Answer ulilases and usage for the actual pumpkin costs, then enter the amounts in the formula and calculate the cost. Jalo Requirements osts th Budge 14 1. Compute the flexible-budget variance. 2. Compute the price and efficiency variances. 3. Comment on the results for requirements 1 and 2 and provide a possible explanation for them. for the inpu Print Done ermine niance as favorable (F) or un Static Flexible Budget Sales-Volume Variance Budget ut fields and then click Check Answer. Clear All