Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

6) Genent Company manufactures tires. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Flexible Budget Flexible

image text in transcribed

6) Genent Company manufactures tires. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Flexible Budget Flexible Salesminus-Volume Static Results Variances Budget Variances Budget Units sold 495,000 495,000 453,750 Revenues $185,150 $4,400 F $6,160 V (B) Variable costs $880 U $69,780 $10,300 F $88,080 Fixed costs $36,430 $3,770 F $40,200 0 $40,200 Operating income $78,060 (D) $70,770 (E) $66.630 What are the actual variable costs (C)? A $54,080 B.$72,800 C$70,660 D $62,640

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions

Question

What are the non - static methods defined in the Object class?

Answered: 1 week ago