Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

* * * * * * * If the budgeted selling price per unit is $ 4 9 and the budgeted variable cost per unit

*******
If the budgeted selling price per unit is $49 and the budgeted variable cost per unit is $36, with budgeted fixed costs for the year of $63,000, and actual sales volume for the year is 60,000 units, falling 20,000 units short of the budgeted sales volume, and actual fixed costs were $65,000, what impact did the shortfall in volume have on profitability for the year?
If the budgeted selling price per unit is $39 and the budgeted variable cost per unit is $27, with budgeted fixed costs for the year of $53,000, and actual sales volume for the year is 73,000 units, falling 8,000 units short of the budgeted sales volume, and actual fixed costs were $55,000, 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 An Introduction

Authors: Eddie McLaney

7th Edition

2309903011, 9781292012650

More Books

Students also viewed these Accounting questions

Question

OUTCOME 3 Outline the methods by which firms recruit externally.

Answered: 1 week ago

Question

OUTCOME 2 Outline the methods by which firms recruit internally.

Answered: 1 week ago