Question
4) Mad Dog Fence company has a Static Budget of $300,000 revenue, which represents 300 fences in unit sales. The variable costs are $450 p/fence.
4) Mad Dog Fence company has a Static Budget of $300,000 revenue, which represents 300 fences in unit sales. The variable costs are $450 p/fence. Actuals revenue was $302,500 and actual number of fences sold were 275. What was Mad Dogs activity variance for variable costs? a. $ 11,250 Unfavorable b. $ 11,250 Favorable c. $ 2,500 Unfavorable d. $ 2,500 Favorable
5) Mad Dog Fence company has a Planning Budget of $300,000 revenue, which represents 300 fences in unit sales. The variable costs are $450 p/fence. Actuals revenue was $302,500 and actual number of fences sold were 275. When doing performance reporting, how would you describe Mad Dogs sales results situation to management? a. Unfavorable activity variance, favorable revenue variance b. Favorable activity variance, unfavorable revenue variance c. Favorable activity variance, favorable revenue variance d. Unfavorable activity variance, unfavorable revenue variance
6) Mad Dog Fence company has a Static Budget of $300,000 revenue, which represents 300 fences in unit sales. The variable costs are $450 p/fence. Actuals revenue was $302,500 and actual number of fences sold were 275. What was Mad Dogs revenue variance for Sales? a. $25,000 Unfavorable b. $2,500 Favorable c. $27,500 Favorable
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