Question
Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Results
Classic Products Company manufactures colonial style desks. Some of the company's data was misplaced. Use the following information to replace the lost data: Actual Results Flexible Budget Variances Flexible Budget Sales-Volume Variances Static Budget Units sold 490,000 490,000 448,950 Revenues $187,050 $4700 F (A) $6460 U (B) Variable costs (C) $990 U $71,330 $10,100 F $81,430 Fixed costs $36,190 $3790 F $39,980 0 $39,980 Operating income $78,540 (D) $71,040 (E) $67,400What is the total sales-volume variance (E)? $7500 unfavorable $11,140 unfavorable $3640 favorable $11,140 favorable
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