Chech 4 Exercise 8-11A (Algo) Determining materials price and usage variances LO 8-6 Monique's Florals...

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Chech 4 Exercise 8-11A (Algo) Determining materials price and usage variances LO 8-6 Monique's Florals produced a special Mother's Day arrangement that included eight roses. The standard and actual costs of the roses used in each arrangement follow BO Average number of roses per arrangement Price per rose Cost of roses per arrangement Standard 9.10 x $0.00 $8.19 Actual 9.50 x 50.84 $7.90 Monique's Florals planned to make 805 arrangements but actually made 900 Required o. Determine the total flexible budget materials variance and indicate whether it is favorable (F) or unfavorable (0) b. Determine the materials price variance and indicate whether it is favorable (F) or unfavorable (0) c. Determine the materials usage variance and indicate whether its favorable (F) or unfavorable (0) d. Confirm the accuracy of Requirements a, b, and by showing that the sum of the price and usage variances equals the total Variance Complete this question by entering your answers in the tabs below Req A to C Req D Determine the total flexible budget materials variance, materials price variar whether it is favorable (F) or unfavorable (U). (Select "None" if there is no e 2 decimal places.) . Total flexible budget materials variance b. Total materials price variance C Total materials usage variance "piele question by entering your answers in the tabs below. Req A to C Reg D Confirm the accuracy of Requirements a, b, and c by showing that the sum o variance. (Select "None" if there is no effect (i.e., zero variance). Round your Price variance Usage variance Total variance

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