Variance Analysis Eight-Ball in the Corner Pocket Eight-Ball company manufactures three types of pool cues: good, better, and best. The onl difference is the materials used in their production. Table 1 provides both budget and actu details of the units and costs associated with the production of the pool cues. Use these da to answer the questions posed in the case. Table 1: Eight-Ball Company CASE SALES UNITS SALES PRICES PRODUCT Good Better HORT ACTUAL BUDGET ACTUAL 60,000 55,000 $80.00 $82.00 30,000 38,500 $120.00 $123.00 Best 10,000 16,500 $160.00 $167.00 Totals/Average 100,000 110,000 $100.00 $109.10 The average budgeted sales price based on actual me is $106.00 BUDGET ACTICAL Food Casts-Overhead $2,000,000 $2,150,000 Food Casts-Operating Expenses $1,000,000 $1,050,000 Total $3,000,000 $3,200,000 COSTS PER FOOT/HOUR FEET/HOURS PER UNET PRODUCT BUDGET MM. BUDGET 14. Materials Good $2.40 $2.30 5.0 5.5 Better $4.90 $4.50 5.0 5.5 Best $7.20 $6.80 50 5.5 Al Budgeted and actual $3.00 per unit for a carrying case Labor AB AB Variable OVH Variable Operating Expenses Budgeted and actual 10% sales commission and $1.00 per unk shipping. $25.00 $7.00 $25.00 $7.50 9 9 0.95 0.95