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please do all the requirements! Requirements: Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is
please do all the requirements!
The Amherst Company producos ongine parts for car manufacturers. A now accountant intern at Amherst has acoidontally deloted the compary's variakce analysis cokeustions for ine year anded December 31,2020 . The following table is what remains of the data. (Click the icon to view the data.) Read the Requirement 1. Calculate al the required variances. (If your work is accurate, you will find that the total statiobudgot variance is 50 .) Begin with the flexible budget columns, then the sales volume variance column. Label each variance as favorable (F) or untavorable (U). (For variances with a so boance, trake aure to enter For n. the appropriato fiold. If the variance is zero, do not select a label. Round your answers to the nearest whole dollar.) Data table Requirements 1. Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is $0.) 2. What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit? 3. Review the variances you have calculated and discuss possible causes and potential problems. What is the important lesson learned here Requirements:
- Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is $O.)
- What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit?
- Review the variances you have calculated and discuss possible causes and potential problems. What is the important lesson learned here?
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