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Begin with the flexible-budget variance column, then the sales-volume variance column. Label each variance as favorable (F) or unfavorable (U) . I NEED TO FILL
Begin with the flexible-budget variance column, then the sales-volume variance column. Label each variance as favorable (F) or unfavorable (U) . I NEED TO FILL IN THE BLANKS WHICH i HAVE HOWEVER MY ANSWER IS WRONG AND WOULD LIKE TO KNOW WHAT IS INCORRECT.
Begin with the flexible-budget variance column, then the sales-volume variance column. Label each variance as favorable (F) or unfavorable (U). (For variances with a $O balance, make sure to enter "O" in the appropriate field. If the variance is zero, do not select a label.) Actual Flexible-Budget Flexible Sales-Volume Static Results Variance Budget Variance Budget 28,000 28,000 27,500 330,000 82,500 247,500 58,000 189,500 Units sold Revenues (sales) 308,000 28000 U S 336,000 6 6000FS 1500U 90,000 218,000 55,000 163,000 6000 U 34000 U 3000F 84,000 Variable costs Contribution margin Fixed costs Operating income 252,000 4500 F 58 0001 194,000 31000 4500 FStep by Step Solution
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