Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

QUESTION 25 After selling 2.200 units during the period, Plymouth Tech prepared a flexible budget that included $34.000 for direct materials 532,305 for direct labor.

image text in transcribed
QUESTION 25 After selling 2.200 units during the period, Plymouth Tech prepared a flexible budget that included $34.000 for direct materials 532,305 for direct labor. $23,100 for variable overhead and $52,350 for fixed overhead. Plymouth originally planned its master budget based on sales of 2,000. What is the amount of variable overhead on the master budget? 2. 510,500 b. $3,100 O $21,000 d. $2,100 QUESTION 26 Framingham, Inc. typically sells handmade wooden chairs for $50 each. They run a sale for the month of December where customers can purchase chairs for $40 each. The direct materials cost per chair is $10. Framingham, Inc budgeted sales of 200 units for December Due to the sale, the actual number of units sold was 300. The sales spending and sales volume variances are: O a Sales spending variance $5,000 F, Sales volume variance $3,000 U Ob. Sales spending variance $5,000 U, Sales volume variance $3,000 F Oc Sales spending variance $3,000 U, Sales volume variance $5,000 F Od. Sales spending variance $3,000 F, Sales volume variance $5,000 U

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

Environmental Audit A Compendium For Nicaragua

Authors: Amarus Aurelio Urbina

1st Edition

6203976547, 978-6203976540

More Books

Students also viewed these Accounting questions