Question
The following data pertain to Auxilary Backup Computers for the month of April. Static Budget Actual Units sold 29,000 18,500 Sales revenue $ 899,000 $
The following data pertain to Auxilary Backup Computers for the month of April.
| Static Budget | Actual | ||||||
| Units sold | 29,000 | 18,500 | |||||
| Sales revenue | $ | 899,000 | $ | 564,250 | |||
| Variable manufacturing cost | 59,000 | 45,500 | |||||
| Fixed manufacturing cost | 39,000 | 29,500 | |||||
| Variable selling and administrative cost | 29,000 | 18,500 | |||||
| Fixed selling and administrative cost | 29,000 | 19,500 | |||||
Required: Compute the sales-price and sales-volume variances for April. (Indicate the effect of each variance by selecting "Favorable" or "Unfavorable". Select "None" and enter "0" for no effect (i.e., zero variance).)
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Financial Accounting A Decision Making Approach
Authors: Thomas E. King, Valdean C. Lembke, John H. Smith
2nd Edition
0471328235, 978-0471328230
