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Pokeman Bunch Inc., manufactures Poke Monster figures and has the following data from its operation for the year just completed. Actual A Flexible Budget B
Pokeman Bunch Inc., manufactures Poke Monster figures and has the following data from its operation for the year just completed.
Actual | A | Flexible Budget | B | Master Budget | ||||||||||||||||||||||||
Units | 1,500 | 1,200 | ||||||||||||||||||||||||||
Sales (dollars) | $ | 93,000 | C | $ | 18,000 | F | ||||||||||||||||||||||
Variable cost | E | $ | 60,000 | |||||||||||||||||||||||||
Contribution Margin | $ | 1,500 | U | D | ||||||||||||||||||||||||
Fixed cost | F | $ | 5,000 | |||||||||||||||||||||||||
Operating income | $ | 7,500 | ||||||||||||||||||||||||||
The sales volume variance in terms of operating income (to the nearest dollar) is:
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