Question: Exercise 15-7A (Algo) Determining sales and variable cost volume variances LO 15-3, 15-4 Adams Manufacturing Company established the following standard price and cost data. Adams


Exercise 15-7A (Algo) Determining sales and variable cost volume variances LO 15-3, 15-4 Adams Manufacturing Company established the following standard price and cost data. Adams planned to produce and sell 2,300 units. Actual production and sales amounted to 2,600 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 wilf 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 saies and variable cost volume variances and classify the variances as favorable ( F ) or unfavorable (U), (Seleci "None" if there is no effect (i.e., zero variance).) 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 amount of fxed cost that will appear in the flexible budget. 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 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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