Find the values of the missing items (a) through (x). Assume the actual sales volume equals actual production volume. Marketing and Administrative Variance Units Sales Revenue Less: Variable Manufacturing Costs Variable marketing and administrative costs Contribution margin Fixed manufacturing costs. Fixed marketing and administrative costs Reported income statement (based on actual sales volume) Manufacturing variance (a) (9) (n) (q) (r) $4,320 $3,600 (0) $1,800 U $400 F (P) (s) (V) Sales Price Variance $3,600 F (x) Flexible Budget (based on actual sales volume (b) (h) (m) Sales Activity Variance 4,000 F (1) $19,200 (1) $4,800 $800 U $12,000 (k) $3,000 Master Budger 20 $30 (c) (d) (e) $16 $10
Find the values of the missing items (a) through (x). Assume the actual sales volume equals actual production volume. Marketing and Administrative Variance Units Sales Revenue Less: Variable Manufacturing Costs Variable marketing and administrative costs Contribution margin Fixed manufacturing costs. Fixed marketing and administrative costs Reported income statement (based on actual sales volume) Manufacturing variance (a) (9) (n) (q) (r) $4,320 $3,600 (0) $1,800 U $400 F (P) (s) (V) Sales Price Variance $3,600 F (x) Flexible Budget (based on actual sales volume (b) (h) (m) Sales Activity Variance 4,000 F (1) $19,200 (1) $4,800 $800 U $12,000 (k) $3,000 Master Budger 20 $30 (c) (d) (e) $16 $10
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter12: Differential Analysis And Product Pricing
Section: Chapter Questions
Problem 4SEQ: For which cost concept used in applying (he cost-plus, approach to product pricing are fixed...
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