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5)Stanwick Company manufacturers TVs. Some of the company's data was misplaced. Use the following information to replace the lost data: Sales- Actual Flexible Flexible Volume
5)Stanwick Company manufacturers TVs. Some of the company's data was misplaced. Use the following information to replace the lost data: Sales- Actual Flexible Flexible Volume Static Analysis Results Variances Budget Variances Budget Units Sold 112,500 112.500 103,125 Revenues $42,080 $1,000 F (A) $1,400 U (B) Variable Costs (C) $200 U $15,860 $2,340 F $18,200 Fixed Costs $8,280 $860 F $9,140 $9,140 Operating Income $17,740 (D) $16,080 (E) $15,140 Required: a. What are the respective flexible-budget revenues (A)? b. What are the static-budget revenues (B)? c. What are the actual variable costs (C)? d. What is the total flexible-budget variance (D)? e. What is the total sales-volume variance (E)? f. What is the total static-budget variance
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