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Super Foods manufactures pumpkin scones. For January 2017, it budgeted to purchase and use 14,500 pounds of pumpkin at $0.91 a pound. Actual purchases and
Super Foods manufactures pumpkin scones. For January 2017, it budgeted to purchase and use 14,500 pounds of pumpkin at $0.91 a pound. Actual purchases and usage for January 2017 were 15,000 pound at $0.87 a pound. Super budgeted for 58,000 pumpkin scones. Actual output was 52,500 pumpkin scones. Read the requirements Requirement 1. Compute the flexible-budget variance. Let's begin by determining the formula used to calculate the actual pumpkin costs, then enter the amounts in the formula and calculate the cost. Actual pumpkin costs Now determine the formula and calculate the pumpkin costs that will be found in the static budget column of your analysis. Static budget pumpkin costs X Determine the formula and calculate the pumpkin costs for the flexible budget. (Round your answer to the nearest whole dollar.) = Flexible budget pumpkin costs Super Foods manufactures pumpkin scones. For January 2017, it budgeted to purchase and use 14,500 pounds of pumpkin at $0.91 a pound. Actual purchases and usage for January 2017 were 15,000 pound at $0.87 a pound. Super budgeted for 58,000 pumpkin scones. Actual output was 52,500 pumpkin scones. Read the requirements Requirement 1. Compute the flexible-budget variance. Let's begin by determining the formula used to calculate the actual pumpkin costs, then enter the amounts in the formula and calculate the cost. Actual pumpkin costs Now determine the formula and calculate the pumpkin costs that will be found in the static budget column of your analysis. Static budget pumpkin costs X Determine the formula and calculate the pumpkin costs for the flexible budget. (Round your answer to the nearest whole dollar.) = Flexible budget pumpkin costs
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