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Question Help nstructor created question Paulson Foods manufactures pumpkin scones. For January 2012, itbudgeted to purchase and use 14.500 pounds of pumpkin at $0.87 a

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Question Help nstructor created question Paulson Foods manufactures pumpkin scones. For January 2012, itbudgeted to purchase and use 14.500 pounds of pumpkin at $0.87 a pound Actual purchases and usage for January 2012 were 15.250 pounds at S0.83 a pound. It budgets for 58.000 pumpkin scones. Actual output was 57.950 pumpkin scones. Requirements 1. Compute the flexible-budget variance. 2. Compute the price and efficiency variances. Requirement 1. Compute the flexible-budget variance. Let's begin by determining the formula used to calculate the actual pumpkin costs, then enter the amounts in the formula and calculate the cost (Round your answer to the nearest whole dollar) Actual pumpkin costs Now formula and calculate the pumpkin costs that will be found in the static budget column of your analysis (Round your answer to the nearest determine the whole Static budget pumpkin costs

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