Question: apter - 21 Homework Saved Help 1 Solitaire Company's fixed budget performance report for June follows. The $303,750 budgeted expenses include $251,100 variable expenses and

apter - 21 Homework Saved Help 1 Solitaire Company's fixed budget

performance report for June follows. The $303,750 budgeted expenses include $251,100 variable

apter - 21 Homework Saved Help 1 Solitaire Company's fixed budget performance report for June follows. The $303,750 budgeted expenses include $251,100 variable expenses and $52,650 fixed expenses. Actual expenses include $58,650 fixed expenses. 3 points Variances Skipped Sales (in units) Sales (in dollars) Total expenses Income from operations Fixed Budget 8,100 $405,000 303,750 $101,250 Actual Results 10,500 $525,000 367,500 $157,500 $120,000 F 63,750U $ 56,250 F eBook Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately. Hint SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Print Flexible Budget Actual Results Variances Fav./Unf. References Contribution margin Chapter - 21 Homework A Saved Help Save & Exit Submit Check my work 4 Part 2 of 2 Required information (The following information applies to the questions displayed below.) A manufactured product has the following information for June. 3 points Direct materials Direct labor Overhead Units manufactured Standard (5 lbs. @ $8 per lb.) (2 hrs. @ 515 per hr.) (2 hrs. @ $12 per hr.) Actual 44,500 lbs. @ $8.10 per lb. 17,200 hrs. @ $15.50 per hr. $218,000 8,800 eBook Compute the direct labor rate variance and the direct labor efficiency variance. Indicate whether each variance is favorable or unfavorable. Hint Print AH = Actual Hours SH = Standard Hours AR = Actual Rate SR Standard Rate References Actual Cost Standard Cost AR $ 0 $ 0 $ 0 ol

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