Acct301

uct Variance Analysis Master Budget Actual Flex Budget Variances (flex. vs. actual) (A) Verify that the February per Unit February per Unit February per Unit Total per Unit (B) Input the flex (C) Input the flex 0 35,000 9.85 (B) (F) the total flex p Sales Revenue 344,750 0 (D) Input the flex (E) Input the flex ble Costs: (F) Calculate the v ction 2.55 190,750 5.45 (C) (F) (G) Input the spen g 3.850 0.11 (D) (F) (H) Calculate the 10 10 Variable Costs 2.55 194,600 5,56 0 ibution Margin -2.55 150,150 4.29 0 0 0 0 Costs: g O 60,000 (E) (F) nistration 58,500 (E) (F) Fixed Costs 118,500 0 0 icome O (A) 31,650 0 0 (F) ster Budget vs. Actual Net Income Variance 31,650 is the volume variance (G) is the spending rate variance 0 (H)