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15.The Sia Company manufacturers laptops. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Flexible Flexible Sales
15.The Sia Company manufacturers laptops. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Flexible Flexible Sales Volume Static Results Variances Budget Variance Budget Units Sold 500 500 450 Revenues (A) $5,000 F $190,000 (B) $171,000 Variable Costs $147,500 $2,500 F (C) $15,000 U $135,000 Fixed Costs $25,000 (D) $20,000 $20,000 Operating Income $22,500 $2,500 F $20,000 (E) $16,000 Required: ( All 1 mark each) a. What are the actual revenues (A)? (1 mark) b. What is the sales-volume revenue variance (B)? (1 mark) c. What are the flexible budget variable costs (C)? (1 mark) d. What is the flexible-budget fixed cost variance (D)? (1 mark) e. What is the sales-volume operating income variance (E)?
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