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Monique's Florals produced a special Mother's Day arrangement that Included eight roses. The standard and actual costs of the roses used in each arrangement follow:
Monique's Florals produced a special Mother's Day arrangement that Included eight roses. The standard and actual costs of the roses used in each arrangement follow: Standard Actual 8.80 x $0.55 x $e.50 $4.40 Average number of roses per arrangement Price per rose Cost of roses per arrangement 8.48 $4.62 Monique's Florals planned to make 770 arrangements but actually made 830 Reguired a. Determine the total flexible budget materlals varlance and indicate whether it is favorable (F) or unfavorable (U) b. Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (U) c. Determine the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). d. Confirm the accuracy of Requirements a, b, and c by showing that the sum of the price and usage variances equals the total variance Complete this question by entering your answers in the tabs below Req A to C Req D Determine the total flexible budget materials variance, materials price variance and materials usage variance. Indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance). Round your answers to 2 decimal places.) a. Total flexible budget materials variance b. Tolal rmaterials price variance c. Total materias usage variance Req A to C Req D> Req A to C Req D Confirm the accuracy of Requirements a, b, and c by showing that the sum of the price and usage variances equals the total variance. (Select "None if there is no effect i.e.zero variance). Round your answers to 2 decimal places.) Price variance Usage variance Total variance
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