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ames Manufacturing had the following information available for July: Actual Results Flexible Budget Variance Flexible Budget Sales Activity Variance Master Budget Units 12,000 ? 3,000
ames Manufacturing had the following information available for July:
| Actual Results | Flexible Budget Variance | Flexible Budget | Sales Activity Variance | Master Budget | ||||||||||||||||
| Units | 12,000 | ? | 3,000 | U | ? | |||||||||||||||
| Sales revenue | ? | $ | 16,800 | F | ? | ? | ? | |||||||||||||
| Less: | ||||||||||||||||||||
| Variable manufacturing costs | $ | 88,500 | $ | 92,000 | ? | $ | 111,000 | |||||||||||||
| Variable marketing and administrative | ? | $ | 5,500 | U | ? | $ | 6,200 | F | $ | 33,000 | ||||||||||
| Contribution margin | $ | 52,000 | ? | ? | $ | 6,300 | U | ? | ||||||||||||
What was Jamess master budget contribution margin?
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Financial Accounting Tools For Business Decision Making
Authors: Paul D. Kimmel
3rd Canadian Edition
0470836792, 978-0470836798
