$$380,000$$$450,000\frac{3\mathrm{.}13}{5}$

points awarded

Scored

$\begin{array}{cc}?& ?\\ \text{M}\text{a}\text{s}\text{t}\text{e}\text{r}& ?\\ ?& \text{U}\text{n}\text{i}\text{t}\text{s}\text{s}\text{o}\text{l}\text{d}\\ \text{A}\text{c}\text{t}\text{u}\text{a}\text{l}& \text{B}\text{u}\text{d}\text{g}\text{e}\text{t}\\ ?& ?\\ \text{S}\text{a}\text{l}\text{e}\text{s}& 40\\ 000& 45\\ 000& \text{V}\text{a}\text{r}\text{i}\text{a}\text{b}\text{l}\text{e}costs\\ \text{\$}380& 000\\ \text{\$}450& 000\\ \text{F}\text{i}\text{x}\text{e}\text{d}costs& 210\\ 000& 270\\ 000& ?\\ 145& 000\\ 135& 000\end{array}$

Required:

What was the actual operating income for the period?

What was the company's master budget operating income for the period?

$(a)$ What was the total master budget variance, $in$ terms $of$ operating income, for the period? $(b)Is$ this variance favorable $or$ unfavorable? $(If$ a variance has $no$ amount, select "None" $in$ the corresponding dropdown cell.$)$

The total master budget variance fory period can $be$ decomposed into a total flexible budget variance and a sales volume variance.

$(a)$ What was the total flexible$-$budget veriance for the period? $(b)$ Was this variance favorable $or$ unfavorable? $(c)$ What was the sales volume variance for the period? $(d)$ Was this variance favorable $or$ unfavorable? $(If$ a variance has $no$ amount, select "None" $in$ the corresponding dropdown cell.$)$