Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 4 1.5 points Genent Company manufactures tires. Some of the company's data was misplaced. Use the following information to replace the lost data: Flexible

image text in transcribed
Question 4 1.5 points Genent Company manufactures tires. Some of the company's data was misplaced. Use the following information to replace the lost data: Flexible Budget Variances Sales-Volume Variances Actual Results 500,000 $185,950 Flexible Budget 500,000 (A) Static Budget 458,750 (B) $4000 F $6360 U Units sold Revenues Variable costs Fixed costs Operating income $930U $3750 F $70,000 $40, 530 $36,780 $10.400 F 0 $80,400 $40,530 $78,240 (D) $71,420 (E) $67,380 What is the total flexible-budget variance (D)? $0 $7090 favorable $10,930 favorable $3840 favorable

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

Low Income Housing Tax Credit IRS Audit Techniques Guide

Authors: Internal Revenue Service

1st Edition

978-1304135087

More Books

Students also viewed these Accounting questions

Question

Which point designates the optimal portfolio of risky assets? p-936

Answered: 1 week ago