16-52

do?action=itemLevel search ebook go book contents go Jump to pa 16-50. Prepare Flexible Budget (LO 16-2) eXcel Odessa, Inc., reports the following information concerning operations for the most recent month: Master Budget (basod on budgeted 600 units) Actual (based on actual of 540 units) $96,000 $88,320 Sales revenuo Less Manulacturing costs Direct labor Materials 14,400 13,440 9,600 5,760 4,800 13,632 11,520 7,872 5,088 4,800 $42,912 $45,408 Variable overhead Marketing. Administrative $48,000 $48,000 Tolal variable costs. Contribution margin. Fixed costs 4,800 9,600 9,600 $24,000 Manulacturing Marketing 4,665 9,984 9,561 Administrative. $24,210 Total fixed costs Operating profits $21.198 $24,000 There are no inventories. Required Prepare a flexible budget for Odessa, Inc. 16-51. Sales Activity Variance (LO 16.3) Refer to the data in Problem 16-50. Prepare a sales activity variance analysis for Odessa, Inc., like the one in Exhibit 16 4 16-52. Profit Variance Analysis (LO 16.4) Use the information for Odessa, Inc in Problem 16-50 to prepare a profit variance analysis like the one in Exhibit 16.5