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Please do flexible budget variance, flexible budget, sales volume variance. Please show how you calc as well. Thank you! i Data Table X Standard Quantity

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image text in transcribedPlease do flexible budget variance, flexible budget, sales volume variance. Please show how you calc as well. Thank you!

i Data Table X Standard Quantity Standard Price Standard Unit Cost Direct materials 10 pounds $8 per pound $80 Direct manufacturing labor 3.7 hours $50 per hour $185 During 2020, actual number of units produced and sold was 4,800, at an average selling price of $800. Actual cost of direct materials used was $392,700 (66,000 pounds at $5.95 per pound). Actual direct manufacturing labor costs were $878,400 (18,300 actual direct manufacturing labor-hours at $48.00 per hour). Actual fixed costs were $1,220,000. There were no beginning or ending inventories. Print Done Data Table X Expected production and sales Expected selling price per unit Total fixed costs 6,200 units $ 785 $1,500,000 Print Done lx P7-34 (similar to) Question Help O Standard quantities, standard prices, and standard unit costs follow for direct materials and direct manufacturing Milan Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the same amount of resources. The following information is from the static budget for 2020: ? (Click the icon to view the static budget data.) labor (Click the icon to view the data.) Read the requirements. Actual Flexible-Budget Flexible Variance Results 4,800 Budget 4800 0 Output units $ 3,840,000 Revenues F 3768000 Direct materials $ 392,700 U Direct manufacturing labor 878,400 F 1,220,000 Fixed costs F Total costs $ 2,491,100 F 1,500,000 $ 1,348,900 Operating income F Choose from any list or enter any number in the input fields and then click Check

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