the second blank in requirement 3 drop down is favorable or unfavorable.

requirement 4

1. higher or lower

2. higher or lower

3. favorable or unfavorable

4. adds to or offsets

5. favorable or unfavorable

6. be more or not be

7. favorable or unfavorable

8. favorable or unfavorable

9. favorable or unfavorable

10. need not to be concerned with these variances OR should snalhze why each of these variances occured and the relationships among them

Question Help o Amerfond, Inc. produces the basic filings used in many popular frozen desserts and travaille and chocolate ice crearms, puddings, merings, and fudge. Amerfondres standard costing and carries over no inventory from one month to the next. The ice-crear product group's results for June 2017 were as follow MI! (Click the loon to view the results.) Read the requirements Requirements 1 and 2. Calculate the state budget variance in units, revenue. variable manufacturing costs, and contribution margin. What percentage is each state budget variere relative to its statio budget amount? Breakdown each statio-budget variance into a flexible-budget varice and sales volume variance Begin with the flexible budget columns, then enter in the sales volume variance and static budget wines. Finally, compute the state budget variance as a percentage of the late budget. Label each wiem favorable (F) or unfavorable (U). For variances with a balance, make sure to enter in the appropriate fold. If the varianos e, do not select a label Round dollar amounts to the nearest while dolar and percentages to two decimal places, XXXX) Flexible Sales- Statie SB variante Actual Budget Flexible Volume Stati Bud Results Variances Budget Variances Budget Verlaces Budget Units (pounds) Revenues Variable mfg costs Contribution margin Requirement 3. Calculate the selling price variance 2 Those from any list or enter any number in the inputs and then continue to the question Question Help Amerfond, Inc. produces the basic filings used in many popular frozen desserts and treats-Vanilla and chocolate le creams, puddings, meringues, and fudgo. Amorfond usos standard costing and carries over no inventory from one month to the next. The ice-cream product group's results for June 2017 were as follows: Click the icon to view the results.) Read the requirements Results Variances Budget Varances Budget Varances Budget Units (pounds) Revenues Variable mfg costs Contribution margin Requirement 3. Calculate the seling price variance The selling price variance is $ Requirement 4. Assume the role of management accountant Amorfond. How would you present the results to Ned Pink Should he be more concered? so, why? and costs per pound were The The flexible-budget variances show that for the actual sales volume of 300.000 pounds, sling prices were sales-volume variance in revenues the variable-cost variance Finkel should concerned because the smal statio-budget variance in contribution margin is actually made up of an sales volume variance in contribution margin, ain) selling price variance, and an) variable manufacturing costs valon Firkel Choose from any list or enter any number in the input fields and then continue to the next question Save for Later MacBook Pro # lar frozen desserts and treats vanilla and chocolate ice creams, puddings, meringues, and fud Data Table Performance Report, June 2017 Actual Static Results Budget Units (pounds) 360,000 348,000 Revenues 1,839,600 $ 1,809,600 Variable manufacturing costs 1,400,400 1,322,400 $ 439,200 $ Contribution margin 487,200 Ned Finkel, the business manager for ice-cream products, is pleased that more pounds of ice cream were sold than budgeted and that revenues were up. Unfortunately, variable manufacturing costs went up, too. The bottom line is that contribution margin declined by $48,000, which is less than 3% of the budgeted revenues of $1,809,600. Overall, Finkel feels that the business is running fine. ? le va fa Print Done ids and then continue to the next question. MacBook PC