Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please show me the steps to get the correct answer (not the one in red). Thank you The actual information pertains to the month of

image text in transcribed

Please show me the steps to get the correct answer (not the one in red). Thank you

The actual information pertains to the month of August. As part of the budgeting process, Alloway's Fencing Company developed the following static budget for August. Alloway is in the process of preparing the flexible budget and understanding the results. Flexible budget Static Budget 8.000 Actual Results Sales Volume 8,500 (in units) Sales $344,500 Revenue Direct $70,300 materials 336,000 67,200 100.800 42.000 Direct labor 101,400 VMOH 40.800 Fixed Costs 57,500 Operating income 58.000 68,000 What is sales volume variance for direct labor? (If variance is favorable enter a negative number) You Answered 57.100 Correct Answer 6,300

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting And Money For Ministerial Leadership Key Practical And Theological Insights

Authors: Nimi Wariboko

1st Edition

1625640129, 9781625640123

More Books

Students also viewed these Accounting questions

Question

16. What makes them unique? (special features of the group)

Answered: 1 week ago