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Author Question: Classic Products Company manufactures colonial style desks. Some of the company's data was ... (Read 123 times)

javeds

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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 sold490,000490,000447,950
Revenues$186,550$4,400 F(A)$6,460 U(B)
Variable costs(C)$860 U$70,970$10,700 F$81,670
Fixed costs$36,510$3,750 F$40,2600$40,260
Operating income$78,210(D)$70,920(E)$66,680
What is the total sales-volume variance (E)?
◦ $11,530 unfavorable
◦ $7,290 unfavorable
◦ $4,240 favorable
◦ $11,530 favorable


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Marked as best answer by javeds on Mar 6, 2021

Carliemb17

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javeds

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)


emsimon14

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Reply 3 on: Yesterday
:D TYSM

 

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