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Marigold Entertainment Corporation prepared a master budget for the month of November that was based on sales of 191,800 board games. The budgeted income statement
Marigold Entertainment Corporation prepared a master budget for the month of November that was based on sales of 191,800 board games. The budgeted income statement for the period is as follows. $2,877,000 $805,560 306,880 613,760 Sales Revenue Variable expenses Direct materials Direct labor Variable overhead Total variable expenses Contribution margin Fixed overhead Fixed selling and administrative expenses Total fixed expenses Operating income 1,726,200 1.150.800 225,000 435,000 660,000 $490,800 During November, Marigold produced and sold 153.900 board games. Actual results for the month are as follows. $2,213,500 $632.780 229,940 482,380 Sales Revenue Variable expenses Direct materials Direct labor Variable overhead Total variable expenses Contribution margin Fixed overhead Fixed selling and administrative expenses Total fixed expenses Operating income 1,345,100 868,400 212,000 450.000 662.000 $206,400 (a-b) Precare fled ble budget for November. Round unit answers to 2 decimal places, eg 5.25&clothermers to decimal places, 2125 Unit 153,900 zames > > > > > > > > > Calculate Marigold's static budgetvrience for November.Round answers to decimal places, es 125. Enter all variance amounts as positive values. If variance is zero, select "Not Applicable and enter for the amounts. Actual Results Static Budget Verlands Unit Sales > > > > > $ $ > > > > > > > > Calculate Marigold's static budgetvrience for November.Round answers to decimal places, es 125. Enter all variance amounts as positive values. If variance is zero, select "Not Applicable and enter for the amounts. Actual Results Static Budget Verlands Unit Sales > > > > > $ $
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