Question: This test: 100 point{s) possible (a) E Test: Exam 2 Question 20 of 36 This question: 3 minus} possible Submit test I9 Healthful Foods manufactures



This test: 100 point{s) possible (a) E Test: Exam 2 Question 20 of 36 This question: 3 minus} possible Submit test I9 Healthful Foods manufactures pumpkin scones For January 2020. itbudgeted to purchase and use 14.750 pounds of pumpkin at $0.92 a pound. Actual purchases and usage for January 2020 were 15.000 pounds at $0.85 a pound Healthful budgeted for 59.000 pumpkin scones Actual output was 59.200 pumpkin scones , Requirement 1. Compute the exibleibudget variance Let's begin by determining the formula used to calculate the actual pumpkin costs. then enter the amounts in the formula and calculate the cost x = Actual pumpkin costs x _ Now determine the formula and calculate the pumpkin costs that will be found in the static budget column oi your analysis. x = Static budget pumpkin costs x : Determine the formula and calculate the pumpkin costs for the flexible budget t_Round your answerto the nearest whole dollar.) O x = Flexible budget pumpkin costs x : C) Now enter the amounts above into the analysis and determine the exible-budget variance [Round your answers to the nearest whole dollar Label each variance as favorable (F) or unfavorable (U'J ') n... _. r... u... n.._.__. r._..:._._ r_.__ u....... r._.:_ =Test: Exam 2
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
