lomheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUd=https%253A%252F%252Flms.mheducation.com%252Fmghmiddlewa..... 2 EXPRESS Mail - tmaddo150... Stadium Village S Welcome to Synovu. 0 KSU D2L SCIENCE PEARSON Rough Country ID CARid nec Saved Help Save U Problem 15-20A (Algo) Determining sales and variable cost volume variances LO 15-2, 15-3, 15-4 Stuart Publications established the following standard price and costs for a hardcover picture book that the company produces. Standard price and variable costs Sales price Materials cost Labor cost Overhead cost Selling, general, and administrative costs Planned fixed costs Manufacturing overhead Selling, general, and administrative 5 36.50 8.80 3.60 5.50 6.60 $132,000 48,000 Stuart planned to make and sell 40,000 copies of the book. Required: a.. d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget Income statements, assuming production volumes of 39,000 and 41,000 units. Determine the sales and variable cost volume variances, assuming volume is actually 41.000 units. Indicate whether the variances are favorable (F) or unfavorable (U). (Select "None" if there is no effect (ie.. zero variance).) Prey 1 of 3 Next > C Requirea: 9. - d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget income statements, assuming production volumes of 39,000 and 41,000 units. Determine the sales and variable cost volume variances, assuming volume is actually 41,000 units, Indicate whether the variances are favorable (F) or unfavorable (U). (Select "None" if there is no effect (.e.. zero variance).) Volume Variances Master Budget 40 000 Number of units Flexible Budgets 39.000 41,000 Variable manufacturing costs 0 Fixed costs S 0 $ 0 $