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Mona Statuary manufactures bust statues of famous Historical figures. Alates are the same size. Each unit requires the same amount of resources. The following information

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Mona Statuary manufactures bust statues of famous Historical figures. Alates are the same size. Each unit requires the same amount of resources. The following information is from the static budget for 2017 Click the loon to view the static budget data) Standard quantities, standard prices, and standard unit costs follow for direct materials and direct man Click the loon to view the data.) Read the revirements Data Table make sure to enter in the appropriate Requirement 1. Calculate the sales volume variance and fexible budget variance for operating income Begin with the actual results, then complete the festle budget columns and the static budget columna. Labelcach variance a label) Actual Flexible-Budget Sales-Volume Static Results Variance Budget Variance Budget Output units 5.700 5.700 $ 4,500,000 venues 199.500 $ 4,303.500 Expected production and sales Expected selling priceperunt Towed $ 8.400 unit 755 1.250.000 $ F Print Done Direct materials Direct manufacturing labor 7.800 8,100 U F $ 769,000 $ 500.400 1.230,000 $ 2,003,400 $199.600S $ 775.200 508.500 1.250.000 Data Table F $2.523.700 $1670 300 Operating income 219.100 Standard Quantity Standard Price Standard Unit Cost Director 17 pound 18 per pound 5130 Ove manufacturing labor 3.0 hours 336 per hour 3105 During 2017, cumber of units produced and so was 5.700, average selling price of 3790. Actual colored materials used was 1783.000, based on 72.500 pounds purchased at $10 per pound Direct manating labor-hours actual used were 18.000 the rate of $32.00 per hour. As a result, actual direct manufacturing labor costs were 5500 400 Actualfred costs were $1.230,000. There were no beginning or ending inventories Print Done

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