Problem 2: Suvaranat shows the following budgeted and actual data for the current fiscal year: a. Was the company effective in reaching its goals? Support your position with numbers. b. Was the company efficient in reaching its goals? Support your position with numbers. c. What was the revenue price variance? d. Prepare a flexible budget for 10,000 units, assuming that such a level of production and sales is within the same relevant range. Problem 4: The Trendsetter Company produces fashionable clothing. It had the following standard costs for the month of May 2022: - Direct materials per unit: 5 yards at $6.00 per yard - Direct labor per unit: 1/4 hour at $16.00 per hour - Variable overhead per unit: 1/4 hour at $4.00 per hour - Fixed overhead: $24,000 Also known: - The master budget called for the production and sale of 16,000 dresses in May. - Actual production and sales were 12,000 dresses. - The company purchased 68,000 yards of materials at $5.60 per yard. - Actual direct labor costs were $57,600 for 3,200 hours. - Only 64,000 yards was used in production. - Actual variable overhead costs were \$13,200. - Normal activity was 4,000 direct labor hours. - Actual fixed overhead was $22,200. a. Prepare a flexible budget to compute the total product cost at 12,000 units and at 15,000 units