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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 13,000 ? 2,000
James Manufacturing had the following information available for July:
| Actual Results | Flexible Budget Variance | Flexible Budget | Sales Activity Variance | Master Budget | ||||||||||||||||
| Units | 13,000 | ? | 2,000 | U | ? | |||||||||||||||
| Sales revenue | ? | $ | 13,000 | F | ? | ? | ? | |||||||||||||
| Less: | ||||||||||||||||||||
| Variable manufacturing costs | $ | 87,750 | $ | 91,000 | ? | $ | 105,000 | |||||||||||||
| Variable marketing and administrative | ? | $ | 3,250 | U | ? | $ | 4,000 | F | $ | 30,000 | ||||||||||
| Contribution margin | $ | 52,000 | ? | ? | $ | 6,000 | U | ? | ||||||||||||
What was Jamess master budget sales revenue?
Multiple Choice
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$124,000.
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$148,000.
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$156,000.
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$180,000.
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