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Walton Manufacturing Company established the following standard price and cost data. Walton planned to produce and sell 2,000 units. Actual production and sales amounted to

image text in transcribedimage text in transcribedimage text in transcribed Walton Manufacturing Company established the following standard price and cost data. Walton planned to produce and sell 2,000 units. Actual production and sales amounted to 2,100 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. Complete this question by entering your answers in the tabs below. Determine the sales and variable cost volume variances and classify the variances as favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e., zero variance).) Complete this question by entering your answers in the tabs below. Determine the amount of fixed cost that will appear in the flexible budget. Complete this question by entering your answers in the tabs below. Determine the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity. (Round your answers to 2 decimal places.)

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