Business, 05.05.2020 03:58 salihanegawo

33. The following static budget is provided: Per Unit Total Sales $ 70 $ 840,000 Less variable costs: Manufacturing costs 30 360,000 Selling and administrative costs 20 230,000 Contribution margin $ 20 $ 250,000 Less fixed costs: Manufacturing costs 80,000 Selling and administrative costs 135,000 Total fixed costs 215,000 Net income $ 35,000 What will be the overall volume variance if 15,000 units are produced and sold? Static Budget Flexible Budget Volume Variances Sales* $ 840,000 $ 1,050,000 $ 210,000 F Variable manufacturing costs* 360,000 450,000 90,000 U Variable selling & administrative costs* 230,000 300,000 70,000 U Contribution margin 250,000 300,000 50,000 F Fixed manufacturing costs 80,000 80,000 0 Fixed selling & administrative cost 135,000 135,000 0 Net income $ 35,000 $ 85,000 $ 50,000 F

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33. The following static budget is provided: Per Unit Total Sales $ 70 $ 840,000 Less variable costs...

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