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Budget Actual Budget Sales (units) 100 140 Sales Revenue 80,000.00 105,000.00 Variable Costs 36,000.00 54,600.00 Contribution Margin 44,000.00 50,400.00 Fixed Costs 20,000.00 20,400.00 Income 24,000.00
| Budget | Actual | |
| Budget | ||
| Sales (units) | 100 | 140 |
| Sales Revenue | 80,000.00 | 105,000.00 |
| Variable Costs | 36,000.00 | 54,600.00 |
| Contribution Margin | 44,000.00 | 50,400.00 |
| Fixed Costs | 20,000.00 | 20,400.00 |
| Income | 24,000.00 | 30,000.00 |
| Complete a static budget variance and indicate if the | ||
| variances are favorable or unfavorable. | ||
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Financial Strategy
Authors: Kaplan
1st Edition
9781787409965
