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please answer all the blank fields. please print clearly. cost accounting. output was 62,100 pumpkin scenes. Read the ecuiremente Requirement 1. Cpulee lexible buugel vai

please answer all the blank fields. please print clearly.

image text in transcribed

image text in transcribed

cost accounting.

output was 62,100 pumpkin scenes. Read the ecuiremente Requirement 1. Cpulee lexible buugel vai iance Lel's begin by deleining he foua used to caculale the aclual pumpkiri costs, then ener he aouts in the urmula and caculale the coet Requiremenls - Actual pumplon costs 1. Computc the fiexiolo-budgst variance 2. Computc the pricc and cfficisces a. Commant on the results for requircments 1 and 2 and providc a possiblc Now determine the tormula and calculate the pumpkin costs that will be tound in the static budget column ot your analysis. Statir: burdget pumpkon rnsts expanatian for therm Delemine the famula and calculale the pumpkin ccets fer the xlebudge Rud your answer to the neaes! whole dolar.) Print Done - Flexible budget pumpkin costs Nrw enter the amunts abovr intn the analysis and determine the flexhle-hxdget varianr Rund yrur answvers to the nearest whale drllar Iatel each varianne as fawrable (F or unfrvral(LJ)) Actual Flexible-Budget Flexible Sales-Volume Static Budget Results Varlance Variance Budget Fumplan costs aquirament 2 Campute the price a Renan by cxmpleting the fall viin table and efficienry variances Rcundycur answer tCl the newest whoe dolar An revation lsed Oty-quantity Actual Input Qty Actual Flexible Choosc from any list or enter any numbor in the input ficlds and then continuc to the ncxt question. Meadow Foods manufactures pumpkin scores For January 2017 it budgo od to purchase and 6 000 pounds 0 pump on at S0.88 pound. Actual purchases and usage or January 2017 er 17 250 pounds at S 82 pound. Meadow budgc od for 4 000 pumpkin scones Actual output was 2,100 pumakin sones Rcad the roquirements Now enter the amounts above into the analysis and determine the flexible-budget variance. (Round your answars to tha nearest whola dollar. Label each vanance as favorable ActFlexible-Budget Flexible Sales Volume Requirements Static Results Variance Budget Variance Budget Pumpkon rnsts Requirement 2. Compute the price and efficiency variances. Begin by cempleting the folowing table. Rcund ycur answer to the nearest whele dolar. Abreviation used aty quantity) 1. Computc the fiexiblo-budgct variancc 2. Computc the price and cfficicncy vanances 3. Comment on the resuits for requircments 1 and 2 and provido a possidle cxp anation for them Actual Input Qty Actual Flexibla Print Done Costs Budgeted Price Budget The price variance is a favaridble r unavorabile () ]( il ateel the! vaisrn: as favt2ratke(F) or unfavorable (U)) thew The elliciercy variance is Requirement 3Cammmt on thn results fr requirements 1 and 2 arnt prwn The The Thie emo iercy variance is $ posshle explaratian fnr them price vanance reflects the actual purchase cost being eiciency vanance reflects the actual matena's yeld baing the budgeted purchase coet per pound. the budgeted vield. The company usodpumokins (matcrials) to make the scones than was budgotod One esplanation may be that Meadow purdhasedq qualty pumpkins al a cost per pound Choose from any ist or enter any number in the input fields and then continue to the next

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