Question
1.Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Results
1.Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Results Flexible Budget Variances Flexible Budget Sales-Volume Variances Static Budget Units sold 490,000 490,000 447,950 Revenues $186,550 $4,400 F (A) $6,460 U (B) Variable costs (C) $860 U $70,970 $10,700 F $81,670 Fixed costs $36,510 $3,750 F $40,260 0 $40,260 Operating income $78,210 (D) $70,920 (E) $66,680 What is the total sales-volume variance (E)? Select one: A. $4,240 favorable B. $11,530 unfavorable C. $11,530 favorable D. $7,290 unfavorable
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