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Author Question: Classic Products Company manufactures colonial style desks. Some of the company's data was ... (Read 87 times)

Sportsfan2111

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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 sold500,000500,000458,850
Revenues$185,050$4,400 F(A)$6,460 U(B)
Variable costs(C)$800 U$68,740$10,900 F$79,640
Fixed costs$36,770$3,750 F$40,5200$40,520
Operating income$78,740(D)$71,390(E)$66,950
What is the total static-budget variance?
◦ $11,790 favorable
◦ $7,350 favorable
◦ $4,440 unfavorable
◦ $4,440 favorable


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Marked as best answer by Sportsfan2111 on Mar 6, 2021

recede

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Sportsfan2111

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Reply 2 on: Mar 6, 2021
:D TYSM


Kedrick2014

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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