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Walton Manufacturing Company established the following standard price and cost data.Variable manufacturing cost $ $ 3 . 0 0 per unit Fixed manufacturing cost $
Walton Manufacturing Company established the following standard price and cost data.Variable manufacturing cost $ $ per unit
Fixed manufacturing cost $ $ total
Fixed selling and administrative cost $ totalWalton planned to produce and sell units. Actual production and sales amounted to units.
Required
a Determine the sales and variable cost volume variances.
b Classify the variances as favorable F or unfavorable U
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.
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Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity.
Note: Round your answers to decimal places.
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