xercise 8-11A (Algo) Determining materials price and usage variances LO 8-6 Aonique's Florals produced a special Mother's Day arrangement that included eight roses. The standard and actual costs of the roses ised in each arrangement follow. Moniqte's Fiorals planned to make 815 arangements byt actually mode 920 Required a. Determine the total flexible budget materials variance and indicate whether it is favorable (F) or unfavoroble (US? b. Diermine the materiols price variance and indicote whether it is foverable (F) or unfovorable (U) c. Determine the mateials usage variance and andicote whicther it is favoreble (f) or unfavorable (U) d. Confitm emens a,b, and c by showing that the sum of the price and usoge variances equats the fotal Comptete this question by emering your answers in the tabe lietow. a. Ootramuno the totul Gemble budget makeriats varance and indicate whether it a fawsable (I) or unfovarable (G). b. Determine the materiall price variance and undicate whictice it is lavorable (I) or uefaborable (U) a. Determine the total fiexble budget matetials variance and indicate whether it is favorable (F) or unfavorable ([U) b. Delermine the materials price variance and indicate whether it is favorable (f or unfovorable (U). c. Determine the materials usege variance and indicate whether it is fovorable (F) or unfovorable (US) d. Contirm Complete this question by entering your arswers in the tabs below. Confirm the accuracy of Requirements:a, b; and c by showing that the sum of the price and usage variances equals the total variance