Business, 12.02.2021 07:20 franklynvaldez01
In September, Larson Inc. sold 40,000 units of its only product for $240,000 and incurred a total cost of $225,000, of which $25,000 is fixed costs. The flexible budget for September showed total sales of $300,000. Among variances of the period were: total variable cost flexible-budget variance, $8,000U; total flexible-budget variance, $63,000U; and, sales volume variance, in terms of contribution margin, $27,000U. The actual amount of operating income earned in September was:
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In September, Larson Inc. sold 40,000 units of its only product for $240,000 and incurred a total co...
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