Answered step by step
Verified Expert Solution
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
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started