Answered step by step
Verified Expert Solution
Question
1 Approved Answer
20 points) Saved Help Save & Exit Submit TB MC Qu. 16-45 (Algo) James Manufacturing had the following... James Manufacturing had the following information available
20 points) Saved Help Save & Exit Submit TB MC Qu. 16-45 (Algo) James Manufacturing had the following... James Manufacturing had the following information available for July Flexible Budget Variance Master Flexible Budget ? Sales Activity Variance 3,000U ? 36 Budget ? $ 17,500F ? ? Actual Results Units 15,000 Sales revenue 2 Less: Variable manufacturing $ 91,250 costs Variable marketing and administrative Contribution margin $ 63,000 $ 98,000 ? $ 133,000 ? $ 6, 7500 ? $ 7,500F $ 44,000 2 C. $ 7, 4000 ? What was James's activity variance for variable manufacturing costs? ? $ 6, 7500 ? Variable marketing and administrative Contribution margin $ 63,000 $ 7,500F $ 4. ? ? $ 7, 4000 What was James's activity variance for variable manufacturing costs? Multiple Choice $6,750 $35.000 $49,900 $64.100
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