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The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is
The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is $203,000 F. Master budget based on actual sales of 154,000 units: Revenue Materials Labor Variable manufacturing overhead and administrative costs Fixed manufacturing overhead and administrative costs $2,900,000 854,000 629,000 129,000 340,000 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 Required A Required B > Complete this question by entering your answers in the tabs below. Required A Required B 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 $ 3,103,000 $ 203,000 F $ 2,900,000 | U Sales revenue Variable costs: Materials Direct labor Variable manufacturing and administrative Total variable costs Contribution margin Fixed costs: Manufacturing overhead and administrative Total fixed costs Operating profits 854,000 629,000 129,000 1,612,000 1,288,000 $ $ 0 3,103,000 U F $ $ 340,000 340,000 2,763,000 $ $ 0 0 $ $ $ $ 340,000 340,000 948,000 F
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