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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 Average number of roses per arrangement Standard 7.70 Actual Price per rose x $0.60 8.00 x$0.75 Cost of roses per arrangement $6.16 $6.00 Monique's Florals planned to make 850 arrangements but actually made 990. Required a. Determine the total flexible budget materials variance 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 Req A to C Req D Determine the total flexible budget materials variance, materials price variance and mate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zer 2 decimal places.) a. Total flexible budget materials variance b. Total materials price variance c. Total materials usage variance Req A to C Req D Confirm the accuracy of Requirements a, b, and c by showing that the variance. (Select "None" if there is no effect (i.e., zero variance). Rour Price variance Usage variance Total variance
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