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Odessa, Inc., reports the following information concerning operations for the most recent month Master Budget based on budgeted 550 units) 593,500 Actual (based on actual
Odessa, Inc., reports the following information concerning operations for the most recent month Master Budget based on budgeted 550 units) 593,500 Actual (based on actual of 495 units) Sales revenue Less Manufacturing costs Direct labor Materials Variable overhead Marketing Administrative 12.440 10,200 6.440 4,602 13,200 12,.100 8,250 5,280 Total variable costs Contribution margin 547.808 Fixed costs Manufacturing Marketing Administrative 4.400 8,800 4,255 Total fixed costs Opera 9.182 22.197 25,611 ting profits 528,270 There are no inventories
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