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The Edinburg Company produces engine parts for car manufacturers. A new accountant intern at Edinburg has accidentally deleted the company's variance analysis calculations for the
The Edinburg Company produces engine parts for car manufacturers. A new accountant intern at Edinburg has accidentally deleted the company's variance analysis calculations for the year 6 December 31,2020 . The following table is what remains of the data. (Click the icon to view the data.) Read the requirements. Requirement 1. Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is $0.) appropriate field. If the variance is zero, do not select a label. Round your answers to the nearest whole dollar.) enter " 0 " in the appropriate field. If the variance is zero, do not select a label. Abbreviation used: CM= contribution margin.) Requirement 2. What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit? (Round your answers to the nearest cent.) The actual selling price is per unit. The budgeted selling price is per unit
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