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Required: a) How many u it's were actually sold in the most recent period. b) Prepare a sales activity variance (in the given format) for
Required: a) How many u it's were actually sold in the most recent period. b) Prepare a sales activity variance (in the given format) for the most recent year for Slacker & Sons
The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is $279.000 F. Master budget based on actual sales of 156,000 units: Revenue Materials Labor Variable manufacturing overhead and administrative costs Fixed manufacturing overhead and administrative costs $3,100,000 856,000 631,000 131,000 360,000 Required: a. How many units were actually sold in the most recent period? b. Prepare a sales activity variance for the most recent year for Slacker & Sons. Complete this question by entering your answers in the tabs below. Required A Required B How many units were actually sold in the most recent period? (Do not round intermediate calculations.) Actual sales units Prepare a sales activity variance for the most recent year for Slacker & Sons. (Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) SLACKER & SONS Sales Activity Variance Flexible Budget Sales Activity Variance Master Budget Sales revenue Variable costs: Materials Direct labor $ 0 0 69 69 o 0 0 Variable manufacturing and administrative Total variable costs Contribution margin Fixed costs Manufacturing overhead and administrative Total fixed costs Operating profits $ 0Step by Step Solution
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