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Scenario B Speedy Delivery currently delivers packages for $9 each. The variable cost is $3 per package, and fixed costs are $60,000 per month. Prepare

Scenario B Speedy Delivery currently delivers packages for $9 each. The variable cost is $3 per package, and fixed costs are $60,000 per month. Prepare a budget showing the expected current profit and profit after the changes in costs. 1. Fixed costs are increased to $75,000. 2. Selling price is increased by 10%. 3. Variable cost is increased to $4.50 per unit. 4. Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table. Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table. Speedy Delivery currently delivers packages for $9 each. The variable cost is $3 per package, and fixed costs are $60,000 per month. Prepare a budget showing the expected current profit and profit after the changes in costs. 1. Fixed costs are increased to $75,000. 2. Selling price is increased by 10%. 3. Variable cost is increased to $4.50 per unit. 4. Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table. Show the analysis in a table format. Write a one-paragraph interpretation of the information presented in the table. Scenario C Houston Corporation considers materials and labor to be completely variable costs. Expected production for the year is 50,000 units. At that level of production, direct materials cost is budgeted at $198,000, and direct labor cost is budgeted at $450,000. 1. Prepare a flexible budget for materials and labor for possible production levels of 55,000 and 65,000 units of product. 2. Assume that in the previous exercise the actual production was 60,000 units, materials cost was $247,000, and labor cost was $510,000. Compute the budget variances. Denote variances as favorable (F) or unfavorable (U)

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