In August, the Pascal Inn budgeted 1,250 plates with a per plate cost of $7.00. Actual plates for the week were 1,500 with a per plate cost of $6.50. Based on the information given, run a complete variance analysis for COGS by indicating variance conditions for each of the COGS variance components. 

$1,000 (U) COGS budget variance, $625 (F) cost variance, -$1,750 (U) volume variance, and -$125 (F) cost-volume variance $1,200 (U) COGS budget variance, $550 (F) cost variance, -$2,150 (U) volume variance, and -$180 (F) cost-volume variance $2,000 (U) COGS budget variance, $610 (F) cost variance, -$2,750 (U) volume variance, and -$125 (F) cost-volume variance $1,100 (U) COGS budget variance, $640 (F) cost variance, -$1,314 (U) volume variance, and -$143 (F) cost-volume variance

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Lets break down the components of the COGS variance analysis 1 COGS Budget Variance This represents ... View the full answer