Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

* * * * * * * * If the budgeted selling price per unit is $ 4 1 and the budgeted variable cost per

********
If the budgeted selling price per unit is $41 and the budgeted variable cost per unit is $29, with budgeted fixed costs for the year of $55,000, and actual sales volume for the year is 69,000 units, falling 9,000 units short of the budgeted sales volume, and actual fixed costs were $57,000, what impact did the shortfall in volume have on profitability for the year?
If the budgeted selling price per unit is $44 and the budgeted variable cost per unit is $34, with budgeted fixed costs for the year of $59,000, and actual sales volume for the year is 67,000 units, falling 16,000 units short of the budgeted sales volume, and actual fixed costs were $61,000, what impact did the shortfall in volume have on profitability for the year?
*
*
*
This question already posted and received correct answer. Kindly Don't answer this question again. If you answer i will give
9
dislikes.
*
*
*

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Finance For Non-Specialists

Authors: Eddie McLaney, Peter Atrill

3rd Edition

9780273646327

More Books

Students also viewed these Accounting questions

Question

what is a peer Group? Importance?

Answered: 1 week ago