I need help to solve this problems. please show work. ATTACHMENT PREVIEW Download attachment acct HW.docx XYZ Company’s budgeted and actual results for last year are as follows: Master budget Actual results Price $300 $350 Sales volume (units) 5,000 3,500 Unit VC $100 $100 Fixed costs $250,000 $250,000 Required: (a) Compute budgeted and actual revenue, costs and profits: Master budget Sales volume (units) Revenue $ Variable costs $ Contribution margin $ Fixed costs $ Profit $ Actual $ $ $ $ $ In (b)-(d) below, enter favorable and unfavorable variances as positive and negative numbers, without F or U. (b) How much is the total profit variance? (enter negative numbers with a minus, i.e. enter negative $100 as -100 not ($100) ) $ (c) How much is the sales volume variance? (enter negative numbers with a minus) $ (d) How much is the sales price variance? (enter negative numbers with a minus) $ Question 2. (input price and quantity variances) Pietro’s Pizza has established the following standards for making one pizza: Dough: 0.45 pounds at $2 per pound Labor: 0.25 hours at $8 per hour Actual sales volume for the past month was 9,000 units. Actual dough and labor quantities and prices were as follows: Dough: 2,700 pounds (total) at $1.5 per pound Labor: 3,150 hours (total) at $9 per hour Required: (enter favorable and unfavorable variances as positive and negative numbers, without F or U) (a) What are the input price and quantity variances for dough? input price variance = $ (enter negative numbers with a minus, i.e., negative $100 is -100, not ($100)) input quantity variance = $ (enter negative numbers with a minus) (b) What are the input price and quantity variances for labor? input price variance = $ ( ) (enter negative numbers with a minus) input quantity variance = $ (enter negative numbers with a minus)