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Just need some help on this please!!! I will rate! Many thanks and God bless!!! Reflector Glass Company prepared the following static budget for the
Just need some help on this please!!!
I will rate!
Many thanks and God bless!!!
Reflector Glass Company prepared the following static budget for the year. Static Budget Units/Volume 5,000 Per Unit Sales Revenue $5.00 $25,000 Variable Costs 1.50 7,500 Contribution Margin 17,500 Fixed Costs 4,000 Operating Income/(Loss) $13,500 If a flexible budget is prepared at a volume of 9,400 units, calculate the amount of operating income. The production level is within the relevant range. O A. $28,900 O B. $13,500 O C. $4,000 OD. $14,100 The static budget, at the beginning of the month, for Divine Dcor Company, follows: Static budget: Sales volume: 1,500 units: Sales price: $70 per unit Variable costs: $32 per unit; Fixed costs: $37,700 per month Operating income: $19,300 Actual results, at the end of the month, follows: Actual results: Sales volume: 980 units: Sales price: $75 per unit Variable costs: $35 per unit; Fixed costs: $34,400 per month Operating income: $4,800 Calculate the flexible budget variance for sales revenue. O A. $5,260 U OB. $5,260 F O C. $4,900 U OD. $4,900 FStep by Step Solution
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