price and usage variances LO 8-6 Monique's Florals produced a special Mother's Day arrangement that included eight roses. The standard and actual cos the roses used in each arrangement follow Average number of roses per arrangement Price per rose Cost of roses per arrangement Standard 9.10 x $e.90 $8.19 Actual 9.50 se.84 $7.98 Monique's Florals planned to make 805 arrangements but actually made 900 Required a. Determine the total flexible budget materials variance and indicate whether it is favorable (F) or unfavorable (U). b. Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (U) c. Determine the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). d. Confirm the accuracy of Requirements a, b, and c by showing that the sum of the price and usage variances equals the total variance Complete this question by entering your answers in the tabs below. Red A to C Rea D I or unfavorable (0) whether it is favorable (F) or unfavorable (U). mine the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). d. Confirm the accuracy of Requirements a, b, and c by showing that the sum of the price and usage variances equal total variance d Complete this question by entering your answers in the tabs below. Reg A to C Reg D Determine the total flexible budget materials variance, materials price variance and materials usage variance. Indicate whether it is favorable (F) or unfavorable (U). (Select "None" if there is no effect (.e., zero variance). Round your answers 2 decimal places.) a. Total flexible budget materials variance b. Total materials price variance 0 Total materials usage variance a. Determine the total flexible budget materiais variance and indicate wnether it is favorable (t) or unfavora b. Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (U). c. Determine the materials usage variance and indicate whether it is favorable (F) or unfavorable (U). d. Confirm the accuracy of Requirements a, b, and c by showing that the sum of the price and usage varian total variance Complete this question by entering your answers in the tabs below. Req A to C ReqD Confirm the accuracy of Requirements a, b, and c by showing that the sum of the price and usage variances equ variance. (Select "None" if there is no effect (.e., zero variance). Round your answers to 2 decimal places.) Price variance Usage variance Total variance