Business, 31.03.2020 16:36 markmoroney22

The actual information pertains to the month of June. As a part of the budgeting process, Great Cabinets Company developed the following static budget for June. Great Cabinets is in the process of preparing the flexible budget and understanding the results.
Actual Results Flexible Budget Static Budget Sales volume (in units) 17,000 21,000
Sales revenues $935,000 $$1,155,000
Variable costs 391,000 480,270
Contribution margin 544,000 674,730
Fixed costs 275,800 268,600 Operating profit $268,200 $406,130
The flexible-budget variance for variable costs is.
a. $2,210 unfavorable
b. $202,275 unfavorable
c. $89,270 favorable
d. $137,930 favorable
The sales price variance is
a. $220,000 unfavorable
b. $128,400 unfavorable
c. $9,410 unfavorable
d. $0
The static budget variance is
a. $9,410 unfavorable
b. $128,520 unfavorable
c. $137,930 unfavorable
d. $220,000 unfavorable

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 10:30

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Answers: 2

Answer

Business, 22.06.2019 13:30

How does hipaa address employee’s access to e-phi?

Answers: 1

Answer

Business, 23.06.2019 17:00

If you want to go directly to a specific web page using a url, where should you type the url in firefox? a. in an e-mail b. in a google account c. in the address bar d. in the username field select the best answer from the choices provided a b c d

Answers: 2

Answer

Business, 23.06.2019 20:30

The custom foot is a shoe store chain that manufactures shoes and allows customers to design a unique product by selecting from the type of leather, color, design, and size. this is an example of

Answers: 1

Answer

You know the right answer?

The actual information pertains to the month of June. As a part of the budgeting process, Great Cabi...

Questions