The Utica Company produces engine parts for car manufactures. A new accountant inform at Utica has accidentally deleted the calculations on the company's variance analysis calculations for the year ended December 31, 2014. The following table is what remains of the data. Requirements Calculate all the required variances. (If your work is accurate, you will find that the total static budget variances is $0) What are the actual and budgeted selling prices? What are the actual and budgeted variable costs per unit? Review the variances you have calculated and discuss possible causes and potential problems. What is the important lesson learned here