Question $6(1$ point$)$

Brown Co$.$ Income Statement Budget

$\backslash$table$[[,,$unit$],[$es$,$$$,18\mathrm{.}00],[$iable product,$$,6\mathrm{.}50],[$iable selling and admin,$$,3\mathrm{.}50],[$ntribution margin,$$,8\mathrm{.}00],[$red product,$$,2\mathrm{.}00],[$red variable selling and admin,$$,0\mathrm{.}70],[$perating Income,$$,5\mathrm{.}30]]$

Brown Co$.$ is budgeting for next year. Their initial budget is shown above.

If they wish to budget for $14,000$ units, what would the new budgethat profit be$?$

Enter as a whole number, no commas and no dollar signs.

Your Answer:

Answer

Tipper Co$.$ makes organic fertilizer sold in one pound bags for the chef$/$gardener market. The standard material is $25$ ounces per bag of assorted meal at a cost of $$0\mathrm{.}84$ per ounce. Tipper Co$.$ budgeted to make $65,000$ bags but due to high demand, they ended up making $71,000$ bags. They paid $$42,000$ for $60,000$ ounces of meal and used all in production during the period.

What is their material cost variance for this period? Enter a favorable variance is a positive number and an unfavorable variance as a negative number.

Enter as a whole number, no commas and no dollar signs.

Your Answer: