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4 RTI Company's master budget calls for production and sale of 19,400 units for $100,880, variable costs of $46,560, and fixed costs of $21,400. During
4 RTI Company's master budget calls for production and sale of 19,400 units for $100,880, variable costs of $46,560, and fixed costs of $21,400. During the most recent period, the company incurred $33,400 of variable costs to produce and sell 21,400 units for $86,400. During this same period, the company earned $26,400 of operating income. eBook Required: 1. Determine the following for RTI Company: (Do not round intermediate calculations. Round your answers to the nearest whole dollar.) a. Flexible-budget operating income. b. Flexible-budget variance, in terms of contribution margin. Was this variance favorable (F) or unfavorable (U)? c. Flexible-budget variance, in terms of operating income. Was this variance favorable (F) or unfavorable (U)? d. Sales volume variance, in terms of contribution margin. Was this variance favorable (F) or unfavorable (U)? e. Sales volume variance, in terms of operating income. Was this variance favorable (F) or unfavorable (U)? Print a. b. Flexible-budget operating income Flexible-budget variance Flexible-budget variance Sales volume variance C. d. e. Sales volume variance
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