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I need some quick help with this question MacBeth Company implemented the concept of a master budget a few years ago. The CFO in conjunction

I need some quick help with this question

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MacBeth Company implemented the concept of a master budget a few years ago. The CFO in conjunction with the controller developed the master budget ooncept which was approved by the board of directors. This master budget calls for production and sale of 19,600 units for $105,840, variable costs of $50,960, and xed costs of $21,600. During the most recent scal year end. the company incurred $33,600 of variable costs to produce and sell 21,600 units for $86,600. During this latest scal year end, the company earned $26,500 of operating income before any corporate taxes. Disregard tax implications. Required: 1. As a recently hired management accountant at MacBeth Company, calculate the following for the CFO's review: {Do not round Intermediate calculations. Round your answers to the nearest whole dollar.} a. Flexible-budget operating income. b. Flexible-budget variance, in terms of contribution margin. Please specify if this variance was favorable or unfavorable? c. Flexiblebudget variance, in terms of operating income. Please specify if this variance was favorable or unfavorable? d. Sales volume variance, in terms of contribution margin. Please specify if this variance was favorable or unfavorable? e. Sales volume variance. in ten'ns of operating income. Please specify ifthis variance was favorable or unfavorable? Flexible-budget operating income Flexiblebudget variance Flexiblebudget variance Sales volume variance EFF-PF!\" Sales volume variance

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