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Author Question: Classic Products Company manufactures colonial style desks. Some of the company's data was ... (Read 116 times)

dejastew

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on: Mar 6, 2021

Question 1

An unfavorable sales-volume variance could result from ________.
◦ an inappropriate assignment of labor or machines to specific jobs
◦ competitors taking market share
◦ an inefficiency of a purchasing manager in bargaining with suppliers
◦ a decrease in actual selling price compared to anticipated selling price

Question 2

Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the following information to replace the lost data:

​Actual ResultsFlexible Budget VariancesFlexible BudgetSales-Volume VariancesStatic Budget
Units sold490,000​490,000​448,350
Revenues$187,250$5,000 F(A)$6,260 U(B)
Variable costs(C)$890 U$71,260$10,800 F$82,060
Fixed costs$36,670$3,740 F$40,4100$40,410
Operating income$78,430(D)$70,580(E)$66,040
What amounts are reported for revenues in the flexible-budget (A) and the static-budget (B), respectively?
◦ $192,250; $175,990
◦ $182,250; $188,510
◦ $187,250; $185,990
◦ $180,990; $188,510
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
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Marked as best answer by dejastew on Mar 6, 2021

okolip

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Reply #1 on: Mar 6, 2021
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dejastew

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Reply 2 on: Mar 6, 2021
Gracias!

rleezy04

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Reply 3 on: Yesterday
Wow, this really help

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