Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 5,500 units. The following variances were observed: Actual Results Units Sales Variable Expenses Fixed Expenses Net Income (loss) $27,000 Favorable 11,700 Unfavorable 400 Unfavorable $3,900 $14,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 6,500 units actually sold. If no effect, select "No Effect" and leave the amount Variances Static budget Flexible budget Actual Results Units Sales Variable Expenses Fixed Expenses Net Income (Loss) Variances $175,500 77,700 93,900 $ $
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How did you get 5500 units of static budget?
- Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 5,500 units. The following variances were observed: Actual Results Variances Units Sales $175,500 $27,000 Favorable Variable Expenses 77,900 11,900 Unfavorable Fixed Expenses 93,700 200 Unfavorable Net Income (loss) $3,900 $14,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 6,500 units actually sold. If no effect, select "No Effect" and leave the amount boxes blank. For those boxes in which you must enter negative numbers use a minus sign. (Example: -300). Static budget Flexible budget Actual Results Variances Units fill in the blank 1 fill in the blank 2 Sales $fill in the blank 3 $fill in the blank 4 $fill in the blank 5 $fill in the blank 6 Variable Expenses fill in the blank 8 fill in the blank 9 fill in the blank 10 fill in the blank 11 Fixed…Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 5,500 units. The following variances were observed: Actual Results Variances Units Sales $175,500 $27,000 Favorable Variable Expenses 84,300 12,800 Unfavorable Fixed Expenses 88,300 300 Unfavorable Net Income (loss) $2,900 $13,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 6,500 units actually sold. If no effect, select "No Effect" and leave the amount boxes blank. For those boxes in which you must enter negative numbers use a minus sign. (Example: -300). Static budget Flexible budget Actual Results Variances Units fill in the blank 1 fill in the blank 2 Sales $fill in the blank 3 $fill in the blank 4 $fill in the blank 5 $fill in the blank 6 No Effect Variable Expenses fill in the blank 8 fill in the blank 9 fill in the blank 10 fill in the blank 11 Favorable…Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 4,000 units. The following variances were observed: Actual Results Variances Units Sales $135,000 $27,000 Favorable Variable Expenses 64,900 12,900 Unfavorable Fixed Expenses 64,200 200 Unfavorable Net Income (loss) $5,900 $13,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 5,000 units actually sold. If no effect, select "No Effect" and leave the amount boxes blank. For those boxes in which you must enter negative numbers use a minus sign. (Example: -300).
- Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 4,500 units. The following variances were observed: Actual Results Variances Units Sales $137,500 $25,000 Favorable Variable Expenses 60,300 10,800 Unfavorable Fixed Expenses 72,300 300 Unfavorable Net Income (loss) $4,900 $13,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 5,500 units actually sold. If no effect, select "No Effect" and leave the amount boxes blank. For those pxes in which you must enter negative numbers use a minus sign. (Example: -300). Static budget Flexible budget Actual Results Varia Units Sales $4 $ 2$ 2$ Variable Expenses Fixed Expenses Net Income (Loss) $ 2$ 2$ $Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 4,500 units. The following variances were observed: Actual Results Variances Units Sales $137,500 $25,000 Favorable Variable Expenses 60,300 10,800 Unfavorable Fixed Expenses 72,300 300 Unfavorable Net Income (loss) $4,900 $13,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 5,500 units actually sold. If no effect, select "No Effect" and leave the amount boxes blank. For those boxes in which you must enter negative numbers use a minus sign. (Example: -300). Static budget Flexible budget Actual Results Variances Units 4,500 5,500 Sales $ 112,500 $ 137,500 No Effect Variable Expenses -60,300 Favorable Fixed Expenses 25 Unfavorable Net Income (Loss) 11 $ UnfavorableTitanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 5,500 units. The following variances were observed: Actual Results Variances Units Sales $175,500 $27,000 Favorable Variable Expenses 77,800 11,800 Unfavorable Fixed Expenses 93,800 300 Unfavorable Net Income (Iloss) $3,900 $14,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 6,500 units actually sold. If no effect, select "No Effect" and leave the amount boxes blank. For those boxes in which you must enter negative numbers use a minus sign. (Example: -300). Static budget Flexible budget Actual Results Variances Units Sales $ $ %$4 No Effect v Variable Expenses Favorable v Fixed Expenses Unfavorable Net Income (Loss) $ $ Unfavorable v Feedback
- Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 5,500 units. The following variances were observed: Actual Results Variances Units Sales $175,500 $27,000 Favorable Variable Expenses 7,800ר 11,800 Unfavorable Fixed Expenses 93,800 300 Unfavorable Net Income (loss) $3,900 $14,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 6,500 units actually sold. If no effect, select "No Effect" and leave the amount boxes blank. For those boxes in which you must enter negative numbers use a minus sign. (Example: -300). Static budget Flexible budget Actual Results Variances Units Sales No Effect v Variable Expenses Favorable v Fixed Expenses Unfavorable v Net Income (Loss) Unfavorable Feedback5. Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 5,000 units. These variances were observed: Actual Results Variances Sales $150,000 $25,000 Favorable Variable expenses Fixed expenses Net income (loss) 77,800 12,800 Unfavorable Unfavorable 70,300 1,900 300 11,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 6,000 units actually sold.Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 5,500 units. The following variances were observed: Actual Results Variances Units Sales Variable Expenses Fixed Expenses Net Income (loss) $169,000 77,800 Units Sales Variable Expenses Fixed Expenses Net Income (Loss) $26,000 Favorable 11,800 Unfavorable 300 Unfavorable 88,300 $2,900 $13,900 Unfavorable Determine the static budget and use the information to prepare a flexible budget and analysis for the 6,500 units actually sold. If no effect, select "No Effect" and leave the amount boxes blank. For those boxes which you must enter negative numbers use a minus sign. (Example: -300). Static budget Flexible budget Actual Results Variances No Effect ✓ Favorable Unfavorable ✔ Unfavorable ✓ ✓
- Titanium Blades refines titanium for use in all brands of razor blades. It prepared a static budget for the sales of 5,500 units. The following variances were observed: Units Sales Variable Expenses Fixed Expenses Net Income (loss) Units Sales Determine the static budget and use the information to prepare a flexible budget and analysis for the 6,500 units actually sold. If no effect, select "No Effect" and leave the amount boxes blank. For those boxes in which you must nter negative numbers use a minus sign. (Example: -300). > Static budget Flexible budget Variable Expenses Fixed Expenses Actual Results Net Income (Loss) $175,500 $27,000 Favorable 77,800 11,800 Unfavorable 93,800 300 Unfavorable $3,900 $14,900 Unfavorable LA 5,500 ✔ $ 148,500✔ 66,000 X Variances 93,500 X -11,000 ✓ 6,500 $ 175,500 ✓ $ 11,800 X 93,500 X 4,000 Actual Results $ 175,500✔ LA 93,800 X 93,800 X 3,900 ✔ $ tA LA 0 Variances ✓ No Effect 200✔ Favorable 300 X Unfavora 100 X UnfavoraThomson Manufacuting reports the following information at year end. Actual overhead applied RM257,000. Flexible budget based on standard hours RM309,000. Flexible budget based on actual hours RM293,000 What is the amount of the efficiency variance?Sunland Delites had the following projected and incurred the following production and cost data shown below: Actual Fixed-MOH Incurred $2762 Actual Quantity of the Cost Driver (AQ) 940 hoursMaster Budget Quantity of the Cost Driver (MBQ) 1010 hoursStandard Price per usage of cost driver (SP) $3.30/ hr What is the Fixed-MOH Price Variance? A. $571 unfavorable B. $491 favorable C. $571 favorable D. $491 unfavorable