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Pokeman Bunch Inc., manufactures PokeMonster figures and has the following data from its operation for the year just completed. Flexible Master Actual A Budget B
Pokeman Bunch Inc., manufactures PokeMonster figures and has the following data from its operation for the year just completed. | ||||||||||
Flexible | Master | |||||||||
Actual | A | Budget | B | Budget | ||||||
Units | 1,560 | 1,230 | ||||||||
Sales (dollars) | $98,200 | C | $19,100 | F | ||||||
Variable cost | E | $63,000 | ||||||||
Contribution margin | $1,560 | U | D | |||||||
Fixed cost | F | $5,300 | ||||||||
Operating income | $7,900 | |||||||||
The flexible budget variance in terms of operating income is: |
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