Question
The following data are for California Closets: Actual Static Budget Flexible Budget for Actual Sales Activity Units 18,000 16,000 18,000 Sales $360,000 $320,000 $360,000 Variable
The following data are for California Closets:
| Actual | Static Budget | Flexible Budget for Actual Sales Activity |
| Units | 18,000 | 16,000 | 18,000 | |
| Sales | $360,000 | $320,000 | $360,000 | |
| Variable costs | 234,000 | 192,000 | 216,000 | |
| Contribution margin | $126,000 | $128,000 | $144,000 | |
| Fixed costs | 76,000 | 80,000 | 80,000 | |
| Operating income | $50,000 | $48,000 | $64,000 |
The sales activity variance for operating income is ________.
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Financial Accounting Tools For Business Decision Making WileyPLUS NextGen Card Single Semester
Authors: Paul D. Kimmel ,Jerry J. Weygandt ,Donald E. Kieso
10th Edition
1119791022, 978-1119791027
