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A local small business Super Clean's budgeted and actual results for last year are as follows: Master Budget Actual Results Price $600 $650 Sales Volume
A local small business Super Clean's budgeted and actual results for last year are as follows:
Master Budget | Actual Results | |
Price | $600 | $650 |
Sales Volume (units) | 5,000 | 4,500 |
Unit VC | $100 | $100 |
Fixed Costs | $250,000 | $250,000 |
a.) Please use the given information to complete the budgeted and actual Contribution Margin Statement.
Master Budget | Actual Results | |
Sales Volume (units) | ||
Revenue | ||
Variable Costs | ||
Contribution Margin | ||
Fixed Costs | ||
Profit |
Note: Please enter a negative number as, for example, -1000, not (1000).
b.) The total profit variance is $.
c.) The sales volume variance is $.
d.) The sales price variance is $.
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