Question
Find the values of the missing items. Assume that the actual sales volume equals actual production volume. (There are no inventory level changes.) (Do not
Find the values of the missing items. Assume that the actual sales volume equals actual production volume. (There are no inventory level changes.) (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)
| Reported Income Statement (2500 units) | Manufacturing Variance | Marketing and Admin Variance | Sales price variance | Flexible budget (2500 units) | Sales Activity Variance | Master Budget (2700 units) | |
| Sales Revenue | 125000 | 10000 | 135000 | ? | |||
| Variable manfufactring costs | ? | 3750 | 2960 | ? | |||
| Variable Maretings and Admin Costs | ? | ? | ? | ? | 16200 | ||
| Contriubtion Margin | 79450 | ? | ? | 10000 | ? | ? | ? |
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Development Of Accounting And Auditing Systems In China
Authors: Xu-Dong Ji
1st Edition
0415792886, 978-0415792882
