Question
The following data is for the month of June for the Sylvie Co. Master Budget: Sales of $8,000,000, variable cost of $4,000,000, and fixed cost
The following data is for the month of June for the Sylvie Co.
Master Budget: Sales of $8,000,000, variable cost of $4,000,000, and fixed cost of $2,000,000
Actual Results: Sales $9,500,000, variable cost $6,000,000 and fixed cost $2,500,000
Required: Calculate the sales activity and flexible budget variances for the month of June ( 5 column variance analysis ).
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CISA Certified Information Systems Auditor Practice Exams
Authors: Peter H. Gregory
1st Edition
1260459845, 978-1260459845
