Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1.[CMA Adapted] The following information is available for the Gabriel Products Company for the month of July: Static Budget Actual Units 5,000 5,100 Sales revenue$60,000$58,650
1.[CMA Adapted] The following information is available for the Gabriel Products Company for the month of July:
Static Budget Actual
Units 5,000 5,100
Sales revenue$60,000$58,650
Variable manufacturing costs$15,000$16,320
Fixed manufacturing costs$18,000$17,000
Variable marketing and administrative expense$10,000$10,500
Fixed marketing and administrative expense$12,000$11,000
The total sales-volume variance for the month of July would be
a.$2,550 unfavorable.
b.$1,350 unfavorable.
c.$700 favorable.
d.$100 favorable.
Help with calculations
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started