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(0.1) Nicholas Company manufacturers TVs. Some of the company's data was misplaced. Use the following information to replace the lost data: Flexible-Budget Variances Flexible Budget
(0.1) Nicholas Company manufacturers TVs. Some of the company's data was misplaced. Use the following information to replace the lost data: Flexible-Budget Variances Flexible Budget 112,500 Sales-Volume Variances Actual Results 112,500 $42,080 Static Budget 103,125 Units sold $1,000 F $200 U $860 F $1,400 U $2,340 F Revenues Variable costs Fixed costs Operating income $15,860 $9,140 $16,080 $18,200 $9,140 $8,280 $17,740 $15.140 i) Calculate a. Flexible-budget revenues. b. Static-budget revenues. c. Actual variable costs. d. Total flexible-budget variance. e. Total sales volume variance. f. Total static-budget variance. ii) Complete the given table
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