Question: I need help with all 3 Requirements. Requirements Performance Report Year Ended December 31, 2017 Flexible-Budget Flexible Variances Budget Actual Results 103,000 Sales Volume Variances


I need help with all 3 Requirements.
Requirements Performance Report Year Ended December 31, 2017 Flexible-Budget Flexible Variances Budget Actual Results 103,000 Sales Volume Variances Static Budget 96.000 Units sold $ $ Revenues (sales) 695 250 475,000 393 600 240,000 1. Calculate all the required variances. (If your work is accurate, you will find that the total static-budget variance is SO ) 2. What are the actual and budgeted selling prices? What are the aclual and budgeted variable costs per unit? 3. Review the variances you have calculated and discuss possible causes and potential problems. What is the important lesson learned here? Variable costs Contribution margin 220.250 176,650 153,600 110.000 Fixed costs $ 43 600 43.600 Print Done Operating income The Putnam Company produces engine parts for car manufacturers. A new accountant intern at Putnam has accidentally deleted the calculations on the company's variance analysis calculations for the year ended December 31 2017. The following table is what remains of the data (Click the icon to view the data.) Read the requirements Requirement 1. Calculate all the required variances. (If your work accurate, you will find that the total static budget variance is 50
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