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Using the data below, answer the following questions: a. What values go in the Flexible Budget column of the following table? Please provide values for
Using the data below, answer the following questions: a. What values go in the Flexible Budget column of the following table? Please provide values for all cells indicated with letters \\( (U, V, W, X, Y, Z)-6 \\) marks b. Using the flexible budget, what is the dollar value of variable cost variance and is it favourable or unfavourable? (2 marks) c. Using the flexible budget, what is the dollar value of Fixed cost variance and is it favourable or unfavourable? (2 marks) d. Provide in one brief sentence, a possible and reasonable explanation for the variable cost variance. (1 mark) e. Provide in one brief sentence, a possible and reasonable explanation for the fixed cost variance. (1 mark)
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