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please show process 19. Nicholas Company manufacturers TVs. Some of the company's data was misplaced. Use the following information to replace the lost data: Sales-
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19. Nicholas Company manufacturers TVs. Some of the company's data was misplaced. Use the following information to replace the lost data: Sales- Volume Variances Actual Flexible Analysis Results Variances Units Sold 120,500 Revenues $45,000 Variable Costs $16,060 Fixed Costs $8,280 Operating Income Flexible Budget 120,500 $42,480 $15,860 $9,140 Static Budget 100,500 $43,880 $18,200 $9,140 Required: a. Calculate the flexible variances b. Calculate the sales volume variances c. Calculate the operating income d. Calculate the static-budget operating income Step by Step Solution
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