Exercise 8-4A (Algo) Determining sales and variable cost volume variances LO 8-3 Perez Manufacturing Company established the following standard price and cost data. Sales price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $ 8.00 per unit $ 3.50 per unit $2,500 total $ 800 total Perez planned to produce and sell 2,900 units. Actual production and sales amounted to 3,000 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.