Homework: Chapter $7-$ Homework

Question $2,$ E$7-24($similar to$)$

HW Score: $24\mathrm{.}62\%,0\mathrm{.}98$ of $4$ points

Part $1$ of $9$

Points: $0$ of $1$

what remains of the data.

$($Click the icon to view the data.$)$

Read the requirements.

Requirement $1.$ Calculate all the required variances. $($If your work is accurate, you will find that the total static$-$budget variance is $$0.)$ is zero, do not select a label. Round your answers to the nearest whole dollar.$)$

$\backslash$table$[[,,$ults,$\backslash$table$[[$Flexible$-$Budg$],[$Variance$]],,\backslash$table$[[$Flexible$],[$Budget$]]],[$Units sold,,$104,000,,7,],[$Revenues $($sales$),$$$,676,000,,,],[$Variable costs,,$445,000,,,],[$Contribution margin,,$231,000,,,],[$Fixed costs,,$188,000,,,],[$Operating income,$$,43,000,,,]]$

Data table $,$

$\backslash$table$[[$Performance Report, Year Ended December $31,2020],[,,\backslash$table$[[$Actual$],[$Results$]],\backslash$table$[[$Flexible$-$Budget$],[$Variances$]],$Flexible Budget,$\backslash$table$[[$Sales$-$Volume$],[$Variances$]],$Static Budget$],[$Unite sold,,$104,000,19\mathrm{.}2.,,,95,000],[$Revenues $($sales$),$$$,676,000,,,,332,500],[$Variable costs,,$445,000,,,,199,500],[$Contribution margin,,$231,000,,,,133,000],[$Fixed costs,,$188,000,,,,90,000],[$Operating income,$$,43,000,,,,43,000]]$

Help me solve this

Etext pages

Get more help