Middle "Flexible Budget" is WRONG!!! I need "Flexible Budget, Flexible Budget Variance, Volume Variance and Master Budget Variance"

Requirement 6a. Using the flexible budget performance report you prepared for Requirement 5, answer the following question: How much of the master budget variance (calculated in Requirement 4) for operating income is due to volume being higher than expected? The amount of the master budget variance for operating income due to volume being higher than expected is $ ____.

Requirement 6b. Using the flexible budget performance report you prepared for Requirement 5, answer the following question: How much of the master budget variance for variable expenses is due to some cause other than volume? The amount of the master budget variance for variable expenses due to some cause other than volume is $____ .

Requirement 6c. Using the flexible budget performance report you prepared for Requirement 5, answer the following question: What could account for the flexible budget variance for sales revenue?

Selling less units than budgeted

Selling more units than budgeted

Selling units at a higher price than budgeted

Selling units at a lower price than budgeted could account for the flexible budget variance for sales revenue.

Requirement 6d. Using the flexible budget performance report you prepared for Requirement 5, answer the following question: What is the volume variance for fixed expenses? Why is it this amount? (Enter a "0" for any zero amounts.) The volume variance for fixed expenses is $ because the flexible budget uses the amount for fixed expenses because fixed expenses are Choose from any list or enter any number in the input fields and then continue to the next question.

Requirements 4 and 5. Compute the master budget variances. Be sure to indicate each variance as favorable (F) or unfavorable (U.) Management would like the master budget variance that to address these questions, using the actual sales volume of 57,500 units and the budgeted sales volume cost per unit, and fixed costs, assuming the relevant range stretches from 48,000 to 72,500 units. o determine the portion of (a) due to volume being different than originally anticipated, and (b) due to some other unexpected cause. Prepare a flexible budget performance report f 53,000 units. Use the original budget assumptions for sales price, variable Begin by completing the actual and master budget columns of the performance report and then the master budget variances. Then compute the flexible budget column and the remaining variance columns. (Round all amounts to the nearest whole dollar. For accounts with a 0 balance, make sure to enter "O" in the appropriate column. Label each variance as favorable (F) or unfavorable (U).) For the Month Ended August 31 Flexible Master Budget Flexible Budget Volume Master Actual Variance Budget Variance Budget Variance 57500 57500 53000 Sales volume 185500 209500 149322 Sales revenue 79500 86250 92000 Less: Variable expenses 106000 Contribution margin 117500 63072 65800 800 65000 65000 Less: Fixed expenses 51700 41000 1928 Operating income