Solomon Manufacturing Company established the following standard price and cost data. Solomon planned to produce and sell 3,000 units Actual production and sales amounted to 3,200 units Required a. Determine the sales and variable cost volume yariances. b. Classify the variances as favorable (F) or unfavorable (U) d. Determine the amount of fixed cost that wil appear in the flexible budget. e. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity Complete this question by entering your answers in the tabs below. Determine the sales and variable cost volume variances and clasvify the variances an favorable (P) or unfavorable (U). (Sele "None" If there ia no effect (i.e., zero variance ), ) Solomon Manufacturing Company established the following standard price and cost data. Solomon planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units. Required a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable (F) or unfavorable (U) d. Detetmine the amount of fixed cost that will appear in the flexible budget. e. Determine the fixed cost per unt based on planned activty and the fixed cost per unit based on actual activit, Complete this question by entering your answers in the tabs below. Determine the amount of fixed covt that will appear in the flexible budget. Solomon Manufacturing Company established the following standard price and cost data. Solomon planned to produce and sell 3,000 units. Actual production and sales amounted to 3,200 units. Required a. Determine the sales and variable cost volume variances. b. Classify the variances as favorable (F) or unfavorable (U) d. Determine the amount of foxed cost that will appear in the flexible budget. e. Determine the foxed cost per unit based on planned activity and the fixed cost per unit based on actual activity. Complete this question by entering your answers in the tabs below. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. (Round your answers to 2 decimal places.)
