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Adams Manufacturing Company established the following standard price and cost data:   Sales price $8

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Adams Manufacturing Company established the following standard price and cost data:

Sales price $8.70 per unit

Variable manufacturing cost $3.60 per unit

Fixed manufacturing cost $2,800 total

Fixed selling and administrative cost $800 total

Adams planned to produce and sell 2,100 units. Actual production and sales amounted to 2,300 units.

1. the sales and variable cost volume variances.
2. Classify the variances as favorable (F) or unfavorable (U).
3. the amount of fixed cost that will appear in the flexible budget.
4. the fixed cost per unit based on planned activity and the fixed cost per unit based on actual activity.