Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please thanks!!! A2S The Bundy Shoe Emporium reports the following on December 31 st 2022 Sales volume 63360 units Sales Revenue Variable Costs $823,680.00 manufacturing

please thanks!!!
image text in transcribed
image text in transcribed
A2S The Bundy Shoe Emporium reports the following on December 31 st 2022 Sales volume 63360 units Sales Revenue Variable Costs $823,680.00 manufacturing marketing 5$190,080,0038,550.00 contribution margin $595,050 Fixed Costs manufacturingmarketing$$371,500.00103,450.00 Operating profit $120,100.00 MubGer ttanitaid Steet3 Whamitaing Good in 90 O. Type here to search The Bundy Shoe Emporium planned on producing and selling 72000 pairs of shoes at $12.50 each At that volume contribution margin would have been $648000 Variable marketing is budgeted at 5% of sales volume fixed manufacturing is budgeted at $5 per pair of shoes with a volumne of 72000 pairs of shoes. Managements budgets $2.50 per pair operating profit at 72000 unit sales volume REQUIRED: A) construct a master budget B) prepare a profit variance analysis

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

Principles Of Cost Accounting

Authors: Vanderbeck

13th Edition

0324191693, 978-0324191691

More Books

Students also viewed these Accounting questions

Question

=+Describe your point of view.

Answered: 1 week ago