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:

StandardActual Average number of roses per arrangement8.208.50Price per rose $0.45 $0.42Cost of roses per arrangement$3.69$3.57

Monique's Florals planned to make 760 arrangements but actually made 810.

Required

1. Determine the total flexible budget materials variance and indicate whether it is favorable (F) orunfavorable (U).
2. Determine the materials price variance and indicate whether it is favorable (F) orunfavorable (U).
3. Determine the materials usage variance and indicate whether it is favorable (F) orunfavorable (U).
4. Confirm the accuracy of Requirementsa,b, andcby showing that the sum of the price and usage variances equals the total variance.