cost variance

70,000 frames and results with the firm's strategy w b. Suppose instead that the actual sales and revenues were 70,000 fram $9,100,000, respectively. Should Lori be upset with the revenue performance some of the issues that Lori should look into when analyzing this performance. 12.36 Cost center (LO3). The Production Department of Advent Cordless Phones is ac center. The following table provides budgeted and actual cost information for the most recent year. Budget Actual Production volume (units) 175,000 200,000 Total variable costs $7,875,000 $9,450,000 Total fixed costs 1,200,000 $1,350,000 Required: Oslos di n o.001) Using a flexible budget, evaluate the performance of the Production Department. 12,37 Cost center (LO2). The following table provides budgeted and actual cost information for Advent Cordless Phones: Budget Actual Production volume (units) 200,000 150,000 Total variable costs $9,200,000 $6,875,000 Total fixed costs 1,300,000 1,350,000 Required: a. Using a flexible budget, evaluate the performance of the Production Department during the budget year. b. An investigation reveals that a breakdown of a crucial piece of equipment during the year severely restricted output. It was determined that $75,000 of the fixed.com and $120 000 of the