The following Information Is avallable for Brownstone Products Company for the month of July:

Required:

What was the master budget varlance for July? Was thls varlance favorable or unfavorable?

Compute the July sales volume varlance and the flexible$-$budget varlance for the month, both in terms of contribution

margin and In terms of operating Income.

Prepare pro$-$forma budgets for activitles within Its relevant range of operations. Prepare a flexible budget for each of

the following two output levels:

a$.3,780$ units.

b$.4,180$ units.

Complete this question by entering your answers in the tabs below.

What was the master budget variance for July? Was this variance favorable or unfavorable? $($Indicate the effect of each

variance by selecting $"$F$"$ for Favorable, $"$U$"$ for Unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).)$