Needing help with the answers that have the red x signs on.
The master budget for the year just ended wes on a computerthst was just hocked You fee respons ble because you don't Install ort-hacking software on the computer and you didn't have a backup file. Rather than somit your mistake to your supervisor, you are trying to reconstruct the budget. You have learned the following information 218,88 units $1,000 384,00 Sales volume Sales Variable costs: facturing Marketing and adsinistrative Fixed costs: Manufacturing Marketing and adsinistrative Derating profit 28,8 114,82 $ 320,00 You know that the company planned to sell 192.000 units sta price of $5 esch Variable marketing and administrstve costs are budgeted st 12 percent of revenue. You have discovered that the manufacturing fed costs are budgeted to be $1.50 per unit at the buegered volume. You know that the company policy is to budget for an operating arost of one dollar per une Finally, you recal that the master budget for fred marketing and se ministrative costs $96.000. Required: Prepare a report explaining the differences between the sctual results, flexibe budget, and the master budget. (Do not round Intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option) Actual Manufacturing Variano Answer is not complete. Proft Variance Analytic Marketing and Administrative Balec Prios Variance Flexible Bal Ativity Budget Variance Varianos 210.000 $138.000 F $ 1060.000 90.000F Mester Budget 192.000 210.000 1,198.000 IS ls 960.000 384.000 IS OX 51 500 Sales units Salos novo Variable costs Manufacturing Marketing and administrative Contribution margin Forconsta Mantering Marketing and administrative Operating prott OU 15 03 Us 34 300F 34 300F 125.000 OXIS OR 10.800 lu OK HG 200 OX IS 712.500 IS 138.000F ls Is OOO lolole 18.000F 288.000 288 000 270.000 114000 32.500 18.000U 16500F 98.000 O x 5 95.000 OX $ $ 138.000F 0 Us 03 The master budget for the year just ended wes on a computerthst was just hocked You fee respons ble because you don't Install ort-hacking software on the computer and you didn't have a backup file. Rather than somit your mistake to your supervisor, you are trying to reconstruct the budget. You have learned the following information 218,88 units $1,000 384,00 Sales volume Sales Variable costs: facturing Marketing and adsinistrative Fixed costs: Manufacturing Marketing and adsinistrative Derating profit 28,8 114,82 $ 320,00 You know that the company planned to sell 192.000 units sta price of $5 esch Variable marketing and administrstve costs are budgeted st 12 percent of revenue. You have discovered that the manufacturing fed costs are budgeted to be $1.50 per unit at the buegered volume. You know that the company policy is to budget for an operating arost of one dollar per une Finally, you recal that the master budget for fred marketing and se ministrative costs $96.000. Required: Prepare a report explaining the differences between the sctual results, flexibe budget, and the master budget. (Do not round Intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option) Actual Manufacturing Variano Answer is not complete. Proft Variance Analytic Marketing and Administrative Balec Prios Variance Flexible Bal Ativity Budget Variance Varianos 210.000 $138.000 F $ 1060.000 90.000F Mester Budget 192.000 210.000 1,198.000 IS ls 960.000 384.000 IS OX 51 500 Sales units Salos novo Variable costs Manufacturing Marketing and administrative Contribution margin Forconsta Mantering Marketing and administrative Operating prott OU 15 03 Us 34 300F 34 300F 125.000 OXIS OR 10.800 lu OK HG 200 OX IS 712.500 IS 138.000F ls Is OOO lolole 18.000F 288.000 288 000 270.000 114000 32.500 18.000U 16500F 98.000 O x 5 95.000 OX $ $ 138.000F 0 Us 03
