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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: 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. Camplete this question by entering your answers in the tabs below. Dotermine the total flexible budget materials variance, materials price variance and materials usage varience. Indicate Whether it is fovorable (F) or unfavorable (U). (Select "None" If there is no effect (i.e, zero variance). Round your answers to 2. decimal placesi) Confirm the accuracy of Requirements a, b, and c by showing that th variance. (Select "None" if there is no effect (i.e., zero variance). Rou
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