Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the...
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Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the following information to replace the lost data: Units sold Actual Results 490,000 Flexible Budget Flexible Sales Volume Static Variances Budget Variances Budget 490,000 448,050 Revenues $186,550 $4,900 F (A) $6,360 U (B) Variable costs (C) $990 U $70,250 $10,400 F $80,650 Fixed costs $36,530 $3,790 F $40,320 0 $40,320 Operating income $78,780 (D) $71,080 (E) $67,040 What amounts are reported for revenues in the flexible - budget (A) and the static - budget (B), respectively? A. $181,650; $188,010 B. $180,190; $188,010 C. $191,450; $175,290 OD. $186,550; $185,090 Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the following information to replace the lost data: Units sold Actual Results 490,000 Flexible Budget Flexible Sales Volume Static Variances Budget Variances Budget 490,000 448,050 Revenues $186,550 $4,900 F (A) $6,360 U (B) Variable costs (C) $990 U $70,250 $10,400 F $80,650 Fixed costs $36,530 $3,790 F $40,320 0 $40,320 Operating income $78,780 (D) $71,080 (E) $67,040 What amounts are reported for revenues in the flexible - budget (A) and the static - budget (B), respectively? A. $181,650; $188,010 B. $180,190; $188,010 C. $191,450; $175,290 OD. $186,550; $185,090
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