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Brief Exercise 1 4 - 1 4 ( Static ) Edwards and Bell market a single line of home computers,... [ LO 1 4 -
Brief Exercise Static Edwards and Bell market a single line of home computers,... LO Edwards and Bell market a single line of home computers, dubbed the XL The master budget for the coming year contained the following items: sales revenue, $; variable costs, $; fixed costs, $ Actual results for the year were as follows: sales revenue, $; variable costs, $; fixed costs, $ The flexiblebudget operating income for the year was $ a What is the total master static budget variance in operating profit for the period? b What portion of the total master static budget variance is attributable to actual sales volume being different from planned sales volume? c What portion of the total variance is due to a combination of selling price and costs variable cost per unit and total fixed costs being different from budgeted amounts? tablea Total master static budget variance,$b Sales volume variance,,c Flexiblebudget variance,,
Brief Exercise Static Edwards and Bell market a single line of home computers,... LO
Edwards and Bell market a single line of home computers, dubbed the XL The master budget for the coming year contained the following items: sales revenue, $; variable costs, $; fixed costs, $ Actual results for the year were as follows: sales revenue, $; variable costs, $; fixed costs, $ The flexiblebudget operating income for the year was $
a What is the total master static budget variance in operating profit for the period?
b What portion of the total master static budget variance is attributable to actual sales volume being different from planned sales volume?
c What portion of the total variance is due to a combination of selling price and costs variable cost per unit and total fixed costs being different from budgeted amounts?
tablea Total master static budget variance,$b Sales volume variance,,c Flexiblebudget variance,,
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