Homework Answers
Total sales volume variance = (Actual units sold - Budgeted units sold) x Budgeted contribution margin per unit
Total sales volume variance = (5,100 - 5,000) * ($60,000-$15,000-$10,500)/5,000)
Total sales volume variance = 100 * $6.90
Total sales volume variance = $690 Favorable.
but this answer not there in Options.
i think, variable administrative and marketing expense for static budget is $10,000 only. then answer will be $700 Favorable
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2. The following information is available for the Sigma Company for the month of July: Static...
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Can you show me how to get the answer?
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The following information is available for Brownstone Products Company for the month of July: Master Budget...
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The following information is available for Brownstone Products Company for the month of July: Units Sales...
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For the month of July, Monroe Company, a ma (planning or static budget) and their flexible...
For the month of July, Monroe Company, a ma (planning or static budget) and their flexible budget. their master budget S. Monroe Company, a maker of erobot prepared the table below that shows the man Master Budget 10,350 $90 $69 $124,000 - Actual Results 11,000 $87 $72 $125.400 Sales (in units) Selling Price per unit Variable Cost per unit Total Fixed Costs 12 What is the activity variance in net operating income? $13,650 favorable $53,750 favorable $67,400 favorable $39,600 favorable...
The following data pertain to Aurora Electronics for the month of February. Static Budget Actual Units...
The following data pertain to Aurora Electronics for the month
of February.
Static Budget
Actual
Units sold
14,000
11,000
Sales revenue
$
196,000
$
137,500
Variable manufacturing cost
5,000
42,000
Fixed manufacturing cost
25,000
25,000
Variable selling and administrative cost
15,000
9,000
Fixed selling and administrative cost
15,000
15,000
Required:
Compute the sales-price and sales-volume variances for February.
(Indicate the effect of each variance by selecting
"Favorable" or "Unfavorable". Select "None" and enter "0" for no
effect (i.e., zero...
Question1 As sales manager, Joe Batista was given the following static budget report for selling expenses...
Question1
As sales manager, Joe Batista was given the following static
budget report for selling expenses in the Clothing Department of
Sunland Company for the month of October.
As a result of this budget report, Joe was called into the
president’s office and congratulated on his fine sales performance.
He was reprimanded, however, for allowing his costs to get out of
control. Joe knew something was wrong with the performance report
that he had been given. However, he was not...
As sales manager, Joe Batista was given the following static budget report for selling expenses in...
As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of Soria Company for the month of October. SORIA COMPANY Clothing Department Budget Report For the Month Ended October 31, 2020 Difference Budget Actual Favorable Unfavorable Neither Favorable nor Unfavorable Sales in units 7,900 9,000 1,100 Favorable Variable expenses Sales commissions $1,896 $2,430 $534 Unfavorable Advertising expense 1,106 630 476 Favorable Travel expense 3,318 3,150 168 Favorable Free samples given out...
As sales manager, Joe Batista was given the following static budget report for selling expenses in...
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Can you show me how to get the answer?
The following information is available for the Gabriel Products Company for the month of July: Static Budget Units 5,000 Sales revenue $60,000 Variable manufacturing costs $15,000 Fixed manufacturing costs $18,000 Variable marketing and administrative expense $10,000 Fixed marketing and administrative expense $12,000 Actual 5,100 $68,000 $16,000 $17,000 $11,000 $10,000 The static-budget variance for operating income for the month of July would be so é o oo $13,000 unfavorable. $9,000 unfavorable. $7,000...
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The following information is available for Brownstone Products Company for the month of July: Units Sales revenue Variable manufacturing costs Fixed manufacturing costs Variable selling and administrative expenses Fixed selling and administrative expenses Master Actual Budget 3,808 4, eea $53,200 $6e, eee 19,00 16,000 16,000 15,000 7,700 8,000 10,000 9,800 Required: 1. What was the total operating income variance for July? (Note: this variance is also called the master (static) budget variance for the period.) Was this variance favorable (F)...
For the month of July, Monroe Company, a ma (planning or static budget) and their flexible budget. their master budget S. Monroe Company, a maker of erobot prepared the table below that shows the man Master Budget 10,350 $90 $69 $124,000 - Actual Results 11,000 $87 $72 $125.400 Sales (in units) Selling Price per unit Variable Cost per unit Total Fixed Costs 12 What is the activity variance in net operating income? $13,650 favorable $53,750 favorable $67,400 favorable $39,600 favorable...
The following data pertain to Aurora Electronics for the month
of February.
Static Budget
Actual
Units sold
14,000
11,000
Sales revenue
$
196,000
$
137,500
Variable manufacturing cost
5,000
42,000
Fixed manufacturing cost
25,000
25,000
Variable selling and administrative cost
15,000
9,000
Fixed selling and administrative cost
15,000
15,000
Required:
Compute the sales-price and sales-volume variances for February.
(Indicate the effect of each variance by selecting
"Favorable" or "Unfavorable". Select "None" and enter "0" for no
effect (i.e., zero...
Question1
As sales manager, Joe Batista was given the following static
budget report for selling expenses in the Clothing Department of
Sunland Company for the month of October.
As a result of this budget report, Joe was called into the
president’s office and congratulated on his fine sales performance.
He was reprimanded, however, for allowing his costs to get out of
control. Joe knew something was wrong with the performance report
that he had been given. However, he was not...
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