Question
A company's master budget for October is to manufacture and sell 31,200 units, for a total sales revenue of $294,000, total variable costs of $162,960,
A company's master budget for October is to manufacture and sell 31,200 units, for a total sales revenue of $294,000, total variable costs of $162,960, and total fixed costs of $26,400. The company actually manufactured and sold 33,200 units, and generated $57,000 of operating income in October.
The sales volume variance, in terms of operating income, for October was
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
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