required

1- prepare a static-budget-based variance analsis of the the Sep. performance

2- prepare a felxaible-budget-based variance analsis of the sep. performance

3- why might XYZ printers find the flexiable-bduget-based variance alansis more informative

XYZ Printers, Inc, produces luxury checkbooks with three checks and stubs per page. Each checkbook is designed for an individual customer and is ordered through the customer's bank. The company's operating budget for September 2017 included these data: Number of checkbooks 20,000 Selling price per book $22 Variable cost per book $9 Fixed costs for the month $150,000 The actual results for September 2017 were as follows: $ 23 Number of checkbooks produced and sold 15,000 Average Selling price per book Variable cost per book Fixed costs for the month $155,000 $8 The executive vice president of the company observed that the operating income for September was much lower than anticipated despite a higher-than-budgeted selling price and a lower-than-budgeted variable cost per unit. As the company's management accountant, you have been asked to provide explanations for the disappointing September results. XYZ develops its flexible budget on the basis of budgeted per-output-unit revenue and per-output-unit variable costs without detailed analysis of budgeted inputs