Tho folowing laformation is avaitabile for Browrnstone Products Company for the month of July: Required: 1. What was the master budget variance for July? Was this variance Envoroble or unfaverable? 2. Compute the July sales volume variance and the flexible-budget varlance for the month both in terms af contributich margin and in terms of operating income. 4. Prepere pro-forma budgets for activities within its relevant range of operatians. Prepare a ferible budget for each af the following two output levels: a. 3,870 units. b. 4.270 units. Complete this question by entering your answers in the tabs below. What was the master budget variance for fuly? Was this variance favorable or unfovorable? (thicicate the elfect et each Compute the July sales volume variance and the fiexible-budget variance for the month, both in terms of contribution margin and in terms of operating income. (Indicate the effect of each variance by selecting "F" for Favorable, "U" for Unfavorable, and "None" for no effect (i.e., zero variance).) Complete this question by entering your answers in the tabs below. Prepare pro-forma budgets for activities within its relevant range of operations. Prepare a flexible budget for each of the following two output ieveis: a. 3,870 units. b. 4,270 units. Tho folowing laformation is avaitabile for Browrnstone Products Company for the month of July: Required: 1. What was the master budget variance for July? Was this variance Envoroble or unfaverable? 2. Compute the July sales volume variance and the flexible-budget varlance for the month both in terms af contributich margin and in terms of operating income. 4. Prepere pro-forma budgets for activities within its relevant range of operatians. Prepare a ferible budget for each af the following two output levels: a. 3,870 units. b. 4.270 units. Complete this question by entering your answers in the tabs below. What was the master budget variance for fuly? Was this variance favorable or unfovorable? (thicicate the elfect et each Compute the July sales volume variance and the fiexible-budget variance for the month, both in terms of contribution margin and in terms of operating income. (Indicate the effect of each variance by selecting "F" for Favorable, "U" for Unfavorable, and "None" for no effect (i.e., zero variance).) Complete this question by entering your answers in the tabs below. Prepare pro-forma budgets for activities within its relevant range of operations. Prepare a flexible budget for each of the following two output ieveis: a. 3,870 units. b. 4,270 units