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Author Question: Classic Products Company manufactures colonial style desks. Some of the company's data was ... (Read 63 times)

Haya94

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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 sold490,000490,000448,450
Revenues$186,850$5,000 F(A)$6,460 U(B)
Variable costs(C)$870 U$70,870$10,300 F$81,170
Fixed costs$36,710$3,780 F$40,4900$40,490
Operating income$78,400(D)$70,490(E)$66,650
What is the total flexible-budget variance (D)?
◦ $11,750 favorable
◦ $0
◦ $3,840 favorable
◦ $7,910 favorable


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Marked as best answer by Haya94 on Mar 6, 2021

dreamfighter72

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Haya94

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Reply 2 on: Mar 6, 2021
Excellent


irishcancer18

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Reply 3 on: Yesterday
Gracias!

 

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