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Problem 15-20A (Algo) Determining sales and variable cost volume varionces LO 15-2, 15-3, 15-4 Franklin Publications established the following standard price and costs for a hardcover picture book that the company produces $36.30 3.60 Standard price and variable coats Sales prie Materials con Labor COSE Overhead to Selling. Oneral and attive costa Planned taxed costs Manufacturing overhead Selling total and administrative 5.60 9.00 $135,000 $9.000 Franklin planned to make and sell 39.000 copies of the book Required: 0.-d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget income statements assuming production volumes of 38.000 and 40,000 units. Determine the sales and variable cost volume variances, assuming volume is actually 40,000 units Indicate whether the variances are favorable (F) or unfavorable (U). Select "None" if there is no effect (Le.. zero variance) require 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 38.000 and 40,000 units Determine the sales and variable cost volume variances, assuming volume is actually 40.000 units. Indicate whether the variances are favorable (F) or unfavorabile (U) (Select "None" if there is no effect (.e., zero variance).) Volume Valence Mantar Badge 39,000 Flexible Mudah 38.000 40,000 Number of its Salos revenue Variable manufacturing costs Fixed costs 5 05

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