Homework Answers
Calculation:
Actual
Results:
Sales Revenue = 14,700 * $10.50 = $154,350
Variable Cost = 14,700 * $2.30 = $33,810
Flexible
Budget:
Sales Revenue = 14,700 * $9.00 = $132,300
Variable Cost = 14,700 * $2.20 = $32,340
Static
Budget:
Sales Revenue = 14,900 * $9.00 = $134,100
Variable Cost = 14,900 * $2.20 = $32,780
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