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2- The Edinburg Company produces engine parts for car manufacturers. A new accountant intern at Edinburg has accidentally deleted the calculations on the company's variance
2- The Edinburg Company produces engine parts for car manufacturers. A new accountant intern at Edinburg has accidentally deleted the calculations on the company's variance analysis calculations for the year ended December 31, 2017. The following table is what remains of the data. Performance Report Year Ended December 31, 2017 Flexible-Budget Flexible Variances Budget Actual Sales-Volume Static Variances Results 104 000 Budget 90 000 Units sold Revenues (sales) 5 $ 676,000 470.000 306,000 198.000 Variable costs Contribution margin 206.000 203,000 108,000 105.000 Fixed costs 5 3.000 S 3.000 Operating income Compute the flexible budget variance for operating income a) 17000 b) 16500 C) 16800 d) 18250 BC Type here to search IT
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