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please answer all of the questions (yes i will rate you, thank you) Use the following information to answer questions 35,36,37,38,39,40 : Static budget volume
please answer all of the questions (yes i will rate you, thank you)
Use the following information to answer questions 35,36,37,38,39,40 : Static budget volume 220 units Actual volume 250 units 35. The value for box " A " should be: A) $30.54 B) $34.70 C) $34.98 D) $39.75 36. The value for box "B" should be: A) $6,718.80 B) $7,695.60 C) $8,675.00 D) $9.937.50 37. The value for box " C " should be: A) $55,000 B) $55,100 C) $62,500 D) $62,614 38. The value for box "D" should be: A) $0 B) $100 favourable C) $100 unfavourable D) $7,500 unfavourable 39. The value for box " E " should be: A) $0 B) $100 favourable C) $100 unfavourable D) Not enough information given. 40. The value for box " E " is A) always equal to $0 because fixed costs do not vary with activity. B) determined by subtracting the actual fixed costs from the budgeted fixed cost in the static budget. If the number is negative the variance is unfavourable. C) determined by subtracting the actual fixed costs from the budgeted fixed cost in the flexible budget. If the number is positive the variance is unfavourable. D) Can only be calculated after it has been determined if overhead has been over or under applied Step by Step Solution
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