Thornton Manufacturing Company established the following standard price and cost data:

Sales price

Variable manufacturing cost

Fixed manufacturing cost

Fixed selling and administrative cost

$$8\mathrm{.}20$ per unit

$$3\mathrm{.}90$ per unit

$$2,500$ total

$$700$ total

Thornton planned to produce and sell $2,100$ units. Actual production and sales amounted to $2,300$ units.

Required

a$.$ Determine the sales and variable cost volume variances.

b$.$ Classify the variances as favorable or unfavorable.

d$.$ Determine the amount of fixed cost that will appear in the flexible budget.

e$.$ Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity.

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

Req A and $B$

a$.$ Determine the sales and variable cost volume variances.

b$.$ Classify the variances as favorable or unfavorable.

Note: Select "None" if there is no effect $($i$.$e$.,$ zero variance$).$

$\backslash$table$[[,$Volume Variances$],[$Sales$,,],[$Variable manufacturing,,$]]$