Details Sales (no. of bags) Chickfeed Cattlefeed Total Sell Price perbag Chickfeed Cattlefeed Sales Revenue Chickfeed Cattlefeed Total Revenue Less Variable costs Manufacturin Chickfeed Cattlefeed Sellin & Admin. Total Variable Costs Unit Cost 30 40 4 37 Actual Fi ures 55,000 20,000 75,000 48 57 S endin Variance $225,500 $200,000 $425,500 -$332,000 -$40,000 -$51 ,ooo -$423,000 $2,500 -$20,000 -$5,000 $5,000 -$20,000 -$17,500 Flexible Bud et 55,000 20,000 75,000 44 47 940,000 800,000 300,000 610,000 200,000 120,000 185,000 505,000 105,000 $17,500 OverApplied Volume Variance 5,000 5,000 $220,000 -$235,000 -$15,000 -$150,000 $200,000 $0 $50,000 $35,000 $0 $0 $0 $0 $35,000 Fixed Master Bud et 50,000 25,000 75,000 44 47 300,000 575,000 200,000 120,000 185,000 505,000 70,000 Fix Price 1 , 140,000 840,000 351 ,ooo 612,500 220,000 125,000 180,000 525,000 87,500 44 47 Var. Bud.Costs 30 40 4 37 Act. Price 48 57 Act. Costs 36 42 5 42 13% 33% 7% 2% 17% CONTRIBUTION Less Fixed Costs Manufacturing Selling & Admin. Research & Develo Total Fixed costs NET INCOME ment