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Munoz Manufacturing Company established the following standard price and cost dato: Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative coat $

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Munoz Manufacturing Company established the following standard price and cost dato: Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative coat $ 8.10 per unit $ 3.90 per unit $2,700 total $ 600 total Munoz planned to produce and sell 2,500 units. Actual production and sales amounted to 2,700 units. Assume that the actual sales price is $7.75 per unit and that the actual variable cost is $4,10 per unit. The actual fixed manufacturing cost is $2,400, and the actual selling and administrative costs are $630, Required a.&b. Determine the flexible budget variances and classify the variances by selecting favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Flexible Budget Variances Show Alles Sales Variable manufacturing Contribution margin Faxed manufacturing Fixed selling and administrativo cost Net Income (los)

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