of 15 pts Que 24-1 (boekletatial ecember 3 Flexible Budget Performance Report y Company ma icon to view the data for Trolley For the Year Ended December 31, 2019 icon to view the 5 3 2 1 uirements (3)-(5) (1)-(3) Sales variance Flexible Budget amounts a Static Flexible Volume Budget Amounts Actual t 9. Prepare the Budget Budget Variance Results Variance Per Unit 6,500 exible budget pe 7,000 7,000 Units 585,000 45,000 F $ S 630,000 S 630,000S 0 Net Sales Revenue 90.00 S Variable Costs: 9.700 U 900 U 84,240 93,940 950 U 94,890 Product Costs 11,700 12,600 12,600 Revenue Selling and Admin. Costs ods Sold at stand 489,060 950 U 523,460 34,400 F 522.510 Contribution Margin ring Cost Variance Fixed Costs: Materials Cost Va 1,800 F 38,340 38,340 36,540 Product Costs Materials Efficien 61,400 61,400 61,400 Selling and Admin. Costs Labor Cost Varian S 850 $ 423,720 $ 34,400 $ 389,320 424,570 $ F Operating Income Score: 13.41 of 15 pts BComp24-1 (book/static) The Trolley Toy Company manufactures toy building block sets for children. Trolley is planning for 2019 by developing (Click the icon to view the balance sheet.) Other budget data for Trolley Toy Company: (Click the icon to view the other data.) Read the requirements. Trolley Toy Company Standard Cost Income Statement For the Year Ended December 31, 2019 $ 630,000 Net Sales Revenue Cost of Goods Sold at standard cost Manufacturing Cost Variances: Direct Materials Cost Variance 10,350 Direct Materials Efficiency Variance (600) Direct Labor Cost Variance 824 Direct Labor Efficiency Variance (480) Variable Overhead Cost Variance (824) (480) Variable Overhead Efficiency Variance (1,800) Fixed Overhead Cost Variance Choose from any list or enter any number in the input fields and then click Check Answer parts remaining 7 Cle UN G Search esc t o Homework: Extra Credit Problem #1 22-24 1 of 1 (1 comp Score: 13.41 of 15 pts BComp24-1 (book/static) The Trolley Toy Company manufactures toy building block sets for children. Trolley is planning for 2019 by deve loping a r E(Click the icon to view the balance sheet.) Other budget data for Trolley Toy Company: (Click the icon to view the other data.) Read the requirements. $ 10,350 Direct Materials Cost Variance (600) Direct Materials Efficiency Variance 824 Direct Labor Cost Variance (480) Direct Labor Efficiency Variance (824) Variable Overhead Cost Variance (480) Variable Overhead Efficiency Variance (1,800) Fixed Overhoad Cost Variance (5,760) Fixed Overhead Volume Variance 1,230 Total Manufacturing Cost Variances Cost of Goods Sold at actual Gross Profit 74,000 Selling and Administrative Expenses Operating Income (Loss) Choose from any list or enter any number in the input fields and then click Check Answer. parts
