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James Manufacturing had the following information available for July: Actual Results Flexible Budget Variance Flexible Budget Sales Activity Variance Master Budget Units 10,000 ? 2,000
James Manufacturing had the following information available for July:
| Actual Results | Flexible Budget Variance | Flexible Budget | Sales Activity Variance | Master Budget | ||||||||||||||||
| Units | 10,000 | ? | 2,000 | U | ? | |||||||||||||||
| Sales revenue | ? | $ | 19,500 | F | ? | ? | ? | |||||||||||||
| Less: | ||||||||||||||||||||
| Variable manufacturing costs | $ | 89,250 | $ | 95,000 | ? | $ | 117,000 | |||||||||||||
| Variable marketing and administrative | ? | $ | 7,750 | U | ? | $ | 8,500 | F | $ | 36,000 | ||||||||||
| Contribution margin | $ | 55,000 | ? | ? | $ | 6,600 | U | ? | ||||||||||||
What was Jamess flexible budget contribution margin for July?
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Financial Accounting
Authors: Robert K. Eskew, Daniel L. Jensen
5th Edition
0070213550, 978-0070213555
