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oositive Foods manutactures pumpkin scones. For January 2020, it budgeted to purchase and use 15,250 pounds of pumpkin at $0.84 a pound. Actual purchases and

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oositive Foods manutactures pumpkin scones. For January 2020, it budgeted to purchase and use 15,250 pounds of pumpkin at $0.84 a pound. Actual purchases and isage for January 2020 were 16,000 pounds at $0,81 a pound. Positive budgeted for 61,000 pumpkin scones. Aclual output was 56,800 pumpkin soones. Read the requiroments. Requirements 1. Compute the flexible-budget variance. 2. Compute the price and efficiency variances. 3. Comment on the results for requirements 1 and 2 and provide a possible explanation for them. Requirement 1. Compute the flexible-budget variance. Let's begin by determining the formula used to calculate the actual pumpkin costs, then enter the amounts in the formula and calculate the cost

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