Requirement 3 choices are

1. favorable or unfavorable

2. higher than or lower than

3. favorable or unfavorable

4. greater than or less than

5. less or more

6. higher or lower

7. higher or lower

Question Help Meadow Foods manufactures pumpkin scones. For January 2017, it butted to purchase and use 15.000 pounds of pumpkin $0.89 a pound. Actus purchases and usage for January 2017 were 16.000 pounds at $0.82 a pound. Meadow budgeted for 60,000 pumpkin scones. Actual output was 60,300 pumpkin soones Read the mouirements Let's begin by determining the formula used to calculate the actual pumpkin cols, then enter the amounts in the formula and calculate the cost Actual pump costs Now determine the formula and calculate the pumpkin costs that will be found in the state budget column of your analysis x Static budoucnost X Determine the formula and calculate the pumpkin costs for the flexible budget. (Round your answer to the nearest whole dolar) ble budou pumn X hole dollar. Labelach variare un favorable (F) or unfavorable () Now enter the amounts above into the analysis and determine the flexible-budget variance (Round your answer to Actual Flexible-Budget Flexible Sales Volume Statid Results Variance Budget Variance Budget Pumpkin costs Choose from any list or enterary number in the input fields and then continue to the next question Meadow Foods manufactures pumpkin scones. For January 2017. it budgeted to purchase and use 15,000 pounds of pumpkin at $0.80 a pound. Actual purchases and usage for January 2017 were 18,000 pounds at 30.82 a pound. Meadow budgeted for 60.000 pumpkin ones. Actual output was 60,800 pumpkin son Read the requirements Begin by completing the following table (Round your answer to the nearest whole dollar. Abbreviation used: Oly-quantity Actual Input Qty Actual Flexible Costs Budgeted Price Budget Label the variance as favorable (F) or unfavorable (0) The price variance is $ The efficiency variance is $ be the variance as favorable (F) or unfavorable (1) Requirement 3. Comment on the results for requirements 1 and 2 and provide a possible explanation for them. The price variance reflects the actual purchase cost being the budgeted purchase cost per pound The efficiency variance reflects the actual materials yield being the budgeted yield. The company used pumpkins (materials) to make the scones than was budgeted cooper pound quality pumpkins at a One explanation may be that Meadow purchased Choose from any list or enter any number in the input fields and then continue to the next question Save for Later