The following information is available for Brownstone Products Company for the month of July Units Sales revenge Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Actual 3,500 $ 54,300 10,000 13,000 6,500 8,000 Master Budget 4,000 $ 60,000 16.000 14,000 8,000 9,100 Required: 1. What was the master budget variance for July? Was this variance favorable or unfavorable? 2. Compute the July sales volume variance and the flexible-budget variance for the month, both in terms of contribution margin and in terms of operating income. 4. Prepare pro-forma budgets for activities within its relevant range of operations. Prepare a flexible budget for each of the following two output levels: a 3,560 units b. 3.980 units. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 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 (1... zero variance). Required 2 > The following information is available for Brownstone Products Company for the month of July Master Actual Budget Unita 3,500 4,000 Sales revenue 5 54,300 $ 60,000 Variable manufacturing costs 10,000 16,000 Fixed manufacturing costs 13,000 14,000 Variable selling and administrative expenses 6,500 8,000 Pixed selling and administrative expensen 8,000 9,100 Required: 1. What was the master budget variance for July? Was this variance favorable or unfavorable? 2. Compute the July sales volume variance and the flexible-budget variance for the month, both in terms of contribution margin and in terms of operating income. 4. Prepare pro-forma budgets for activities within its relevant range of operations. Prepare a flexible budget for each of the following two output levels a. 3,560 units b. 3.980 units Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Compute the duty sales volume variance and the flexible-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 (le, zero varianco).) Fluxible-Budget Salon Volume Variance Variance Contribution margin Operating Income Required 1 Required 4 > Proy 1 of 3 !!! Next > 4. Prepare pro-forma budgets for activities within its relevant range of operations. Prepare a flexible budget for each of the following two output levels: a. 3,560 units b. 3,980 units Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 4 Prepare pro-forma budgets for activities within its relevant range of operations. Prepare a flexible budget for each of the following two output levels: a. 3,560 units b. 3,980 units Show less Flexible budget Flexible budget (b.) Master Budget 4,000 60,000 $ Units Sales Variable costs Manufacturing Selling and administrative Total variable costs Contribution margin Fixed costs Manufacturing Selling and administrative Total fixed costs Operating income 16,000 8,000 24,000 36.000 $ $ 14,000 9,100 23,100 12,900 $ $