Flexible Budget-Variances The Cost Accountant for Bradley, Inc., Prepared the Following Monthly

Flexible budget-variances
The cost accountant for Bradley, Inc., prepared the following monthly performance report relating to the Finishing Department:
(a) Compute the amounts that should be included for each of the following in a flexible budget prepared for a 6,500-unit level of production:
(1) Direct materials: $________________
(2) Direct labor: $________________
(3) Fixed manufacturing overhead: $________________
(b) Assume that a revised performance report is prepared for the 6,500-unit level of production using a flexible budget approach. Compute the cost variances for each of the following. Indicate whether each variance is favorable (F) or unfavorable (U).

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