Powerful Foods manufactures pumpkin scones. For January 2020, it budgeted to purchase and use 16,500 pounds of pumpkin at $0.87 a pound. Actual purchases and usage for January 2020 were 17,000 pounds at $0.82 a pound. Powerful budgeted for 66,000 pumpkin scones. Actual output was 57,800 pumpkin scones. requirements 1. Compute the flexible-budget variance. 2. Compute the price and efficiency variances. 3. Comment on the results for requirements 1 and 2 and provide a possible explanation for them. Let's begin by determining the formula used to calculate the actual pumpkin costs, then enter the amounts in the formula and calculate the cost..