Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

* * * * * * * * * * * * * If the budgeted selling price per unit is $ 4 1 and

*************
If the budgeted selling price per unit is $41 and the budgeted variable cost per unit is $27, with budgeted fixed costs for the year of $57,000, and actual sales volume for the year is 85,000 units, falling 8,000 units short of the budgeted sales volume, and actual fixed costs were $52,000, what impact did the shortfall in volume have on profitability for the year?
If the budgeted selling price per unit is $40 and the budgeted variable cost per unit is $32, with budgeted fixed costs for the year of $55,000, and actual sales volume for the year is 63,000 units, falling 22,000 units short of the budgeted sales volume, and actual fixed costs were $56,000, what impact did the shortfall in volume have on profitability for the year?
*
*
*
This question already posted and received correct answer. Kindly Don't answer this question again. If you answer i will give
9
dislikes.
*
*
*

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

ISE International Accounting

Authors: Timothy Doupnik, Mark Finn, Giorgio Gotti, Hector Perera

5th Edition

1260547981, 9781260547986

More Books

Students also viewed these Accounting questions

Question

What is job enlargement ?

Answered: 1 week ago

Question

what is the most common cause of preterm birth in twin pregnancies?

Answered: 1 week ago

Question

Which diagnostic test is most commonly used to confirm PROM?

Answered: 1 week ago

Question

What is the hallmark clinical feature of a molar pregnancy?

Answered: 1 week ago

Question

Compare and contrast the housing patterns of different cultures

Answered: 1 week ago

Question

Compare and contrast high- and low-load environments

Answered: 1 week ago

Question

Describe why intercultural communication competence is a necessity

Answered: 1 week ago