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Sales Flexible budget: $960,000 actual results: $972,000 Variable costs Flexible budget: $192,000 actual results: $240,000 Contribution margin Flexible budget: 768000 Actual results: 732000 Fixed costs
Sales
Flexible budget: $960,000 actual results: $972,000
Variable costs
Flexible budget: $192,000 actual results: $240,000
Contribution margin
Flexible budget: 768000 Actual results: 732000
Fixed costs
flexible budget: 500000 actual results: 490000
Net income
Flexible budget: 268000 actual results: 242,000
What is the variable cost variance and is it favorable or unfavorable?
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Fire Extinguisher Log Book
Authors: Arahan Khan
1st Edition
B09TZKR5Z4, 979-8428924282
