Score: 0 of 50 pts 1 of 2 complete HW Score 0%, 0 of 100 pts P7-34 (similar to) Den Help Verona Salary manufactures bustes of famous storical figures, les are the same. Each unit Standards, standard prices, and standard un cost folow for direct materials and direct manufacturing requires the same amount of resources. The following information is from the static budget for 2017: Isbor the icon to view the late budget Click the icon to the data) Read the requirements Requirement 1. Calculate the sales volume variance and flexible-bugel variance for operating income Begin with the actual results, then complete the few bootcoms and the budget columns Labelach variance as favorable or unfavorable (Ul. Forvances with a balance, make sure to enter in the appropriate for the variance is more, do not select a label) Actual Data Table Data Table Results Outut Expected production and sales Standard Out Standard Price Standard Unit Cost Expected selling priceperunt Derecta 51 pound $ 1.300.000 Drect mandaling labor 13 Direct 5114 Direct mancung labor During 2017 acumber of its produced and sold was 5.200, at an average sling price of Print Done $750. Actual cost of direct mais used as 3550, based on 71.500 pounds purchased Enter any number in the editels and then click Check And 39.70 per pound Direct manufacturing labor hours actually used were 18.000 at the rate of $3240 per hour. As a resultat de marching labor costs were 1583.200. Actual feed costs were $1.250.000. There were no beginning or ending inventories parts Dear All remaining Targery legal Show All Results Output units Revenues Direct materials Direct manufacturing labor Fed costs Total costs Operating income Enter any number in the edit fields and then click Check Answer 4 parts remaining Clear All (Question Help P7-34 (similar to) Verona Statuary manufactures bust status of famous for a res. All sales are the same. Each requires the same amount of resources. The following information is from the state budget for 2017 Click the icon is in the budget data) Standard restandard prices and standard tools folow for direct materials and reaching Labor Con to view the dots) Results Data Table Data Table Output units Revenues 5900 Direct Baterias Direct manufacturing labor Expected production and Expected sig price Total buco 720 $ $ Standard Quantity Standard Price Stand Unit Cast Directa 12 pounds 511 per pound Direct manufacturing 350 hour $114 During 2017 actual number of its produced and sold was 5.200, average space $750. Actual cost of direct materials used was 693.550, based on 71 500 pounds purchased at 59.70 per pound Direct manufacturing labor hours actually we were 18.000, at the rate of 532.40 per hour. As a result, actual direct manufacturing labor costs were $583.200. Actual costs were $1.250.000 There were no big or ending wines 1,100 000 Total costs Prane Done Operating income Done Enter any number in the edit fields and the CR Cher Answer Checker parts 4 remaining P7-34 (similar to) Verona Statuary manufactures bust statues of famous historical figures. All statues are the same size. Each unit requires the same amount of resources. The following information is from the static budget for 2017: (Click the icon to view the static budget data.) Standard quan labor: (Click the Read the regul Variance Results 5,200 Budget 5200 0 Output units $ 3,900,000 156000F 3744000 Revenues S Direct materials Direct manufacturing labor 693,550 583,200 1,250,000 1,300,000 Fixed costs $ 2,526,750 Total costs $ 1,373,250 Operating income Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts remaining Clear All Temporary.Reg....pdf