Need some help with this question, please answer all $3$ parts of the question please, and show all of your work and thinking please thanks.

Assume that in October $2022$ the Schmidt Machinery Company $($Exhibit $14\mathrm{.}1)$ manufactured and sold $1,110$ units for $$855$ each. During

this month, the company incurred $$455,100$ total variable costs and $$182,000$ total fixed costs. The master budget data for the month

are as given in Exhibit $14\mathrm{.}1.$

Required:

Prepare a flexible budget for the production and sale of $1,110$ units.

Compute for October $2022$:

a$.$ The sales volume variance, in terms of operating income. Indicate whether this variance was favorable or unfavorable.

b$.$ The sales volume variance, in terms of contribution margin. Indicate whether this variance was favorable or unfavorable.

Compute for October $2022$:

a$.$ The total flexible budget variance. Indicate whether this variance was favorable or unfavorable.

b$.$ The total variable cost flexible budget variance. Indicate whether this variance was favorable or unfavorable.

c$.$ The total fixed cost flexible budget variance. Indicate whether this variance was favorable or unfavorable.

d$.$ The selling price variance. Indicate whether this variance was favorable or unfavorable.

Complete this question by entering your answers in the tabs below.

Required $1$

Required $3$

Prepare a flexible budget for the production and sale of $1,110$ units.