Question
Sigma Sports Gear Item Value Sales price per unit $45.00 Variable cost per unit $23.00 Fixed manufacturing cost $11,000 total Fixed selling and administrative cost
- Sigma Sports Gear
Item | Value |
Sales price per unit | $45.00 |
Variable cost per unit | $23.00 |
Fixed manufacturing cost | $11,000 total |
Fixed selling and administrative cost | $3,800 total |
- Sigma Sports Gear planned to produce and sell 1,500 units. Actual production and sales amounted to 1,600 units. Required:
- Prepare a contribution margin income statement for the master budget.
- Prepare a flexible budget performance report.
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Managerial Accounting Tools for Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
4th Canadian edition
1118856996, 978-1118856994
