Plz help on a time crunch
need help to find
-sales volume variance
-budget variance
-flex budget variance
folimins quinnoes y= Year You will use this information for the next 3 questions. You may want to complete the Flex Budget to answer the following questions. Trek manufactures bicycles it plans to sell for $800 each. The bicycles require 10lbs of aluminum each (which is the only direct material), and Trek budgets to purchase each pound of aluminum for $10/1b. The bicycles require hours of labor, which Trek believes it will acquire for $25/ hour. The company plans to sell 50,000 bicycles this year: Actual performance was a bit different than planned. Trek actually ended up selling 45,000 bicycles for $600 each. Additionally, the company actually spent a total of $5,000,000 in direct materials for 500,000 pounds of aluminum. Trek actually spent $2,050,000 on direct labor, and Trek had to pay $24 hour. indicate whicther the variance is faviance? Please enter a positive number for your answer. You are not required to Trek manufactures bicycles it plans to sell for $800 each. The bicycles require 10lbs of aluminum each (which is the only direct material), and Trek budgets to purchase each pound of aluminum for $10/b. The bicycles require hours of labor, which Trek believes it will acquire for $25 /hour. The company plans to sell 50,000 bicycles this year. Actual performance was a bit different than planned. Trek actually ended up selling 45,000 bicycles for $600 each. Additionally, the company actually spent a total of $5,000,000 in direct materials for 500,000 pounds of aluminum. Trek actually spent $2,050,000 on direct labor, and Trek had to pay $24/ hour. What is the Budget Variance? Please enter a positive number for your answer. You are not required to indicate whether the variance is favorable or unfavorable. Trek manufactures bicycles it plans to sell for $800 each. The bicycles require 10lbs of aluminum each (which is the only direct material), and Trek budgets to purchase each pound of aluminum for $10/lb. The bicycles require 2 hours of labor, which Trek believes it will acquire for $25 /hour. The company plans to sell 50,000 bicycles this year. Actual performance was a bit different than planned. Trek actually ended up selling 45,000 bicycles for $600 each. Additionally, the company actually spent a total of $5,000,000 in direct materials for 500,000 pounds of aluminum. Trek actually spent $2,050,000 on direct labor, and Trek had to pay $24/ hour. What is the Flex Budget Variance? Please enter a positive number for your answer. You are not required to indicate whether the variance is favorable or unfavorable