Doyle and company provide the following information about the standard cost per unit for their only product.

Price $120.00 Variable manufacturing costs 80.00 Fixed manufacturing costs 20.00 (Total: $400,000) Variable selling expenses 3.00 Fixed selling expenses 12.00 (Total: $242,400) Profit $ 5.00

During April, the firm reported the following actual income statement (in the GM format):

Revenue $2,410,740.00 COGS (at standard) 2,040,000.00 Manufacturing cost variances 8,830.00 Gross margin 361,910.00 SGA cost (at standard) 303,600.00 SGA variances 9,457.50 Profit $ 48,852.50

The firm provides the following additional data:

• For April, the firm planned to make 20,000 units and sell 20,200 units.
• During April, it made 20,600 units but only sold 20,400 units.
• The fixed manufacturing overhead spending variance was $3,000 F.
• The variable SGA spending variance was $5,107.50 U.

  Doyle and company provide the following information about the standard cost per unit for their only product.

  Price $120.00 Variable manufacturing costs 80.00 Fixed manufacturing costs 20.00 (Total: $400,000) Variable selling expenses 3.00 Fixed selling expenses 12.00 (Total: $242,400) Profit $ 5.00

  During April, the firm reported the following actual income statement (in the GM format):

  Revenue $2,410,740.00 COGS (at standard) 2,040,000.00 Manufacturing cost variances 8,830.00 Gross margin 361,910.00 SGA cost (at standard) 303,600.00 SGA variances 9,457.50 Profit $ 48,852.50

  The firm provides the following additional data:

• For April, the firm planned to make 20,000 units and sell 20,200 units.
• During April, it made 20,600 units but only sold 20,400 units.
• The fixed manufacturing overhead spending variance was $3,000 F.
• The variable SGA spending variance was $5,107.50 U.

The Budgeted profit under the CM format is?

The sales volume variance is ?

The sales price variance is?

The variable mfg. cost variances (i.e., excluding variances related to fixed mfg. overhead costs from total mfg. cost variances) is?

The production volume variance is?

The FMOH spending variance is?

The variable SGA cost variance is?

The fixed SGA spending variance is?

As per the budget, compute the increase in the profit under the GM format relative to the profit under the CM format? (HInt: Think about FMOH moving into or out of inventory)

In actual results, and using the GM format, the amount of FMOH going into (positive number) or coming out of (negative number) inventory is?