Question
The following static budget is provided: Sales Revenue : Per unit = $60 & Total = $900,000 Variable Costs: Per unit = $40 & Total
The following static budget is provided: Sales Revenue : Per unit = $60 & Total = $900,000 Variable Costs: Per unit = $40 & Total = $600,000 Contribution Margin: Per unit = $20 & Total = $300,000 Fixed Cost: $200,000 Net Income: $100,000 What will be the overall (net income) sales activity (volume) variance if 18,000 units are produced and sold?
| a. | $ 0 | |
| b. | $ 60,000 favorable | |
| c. | $160,000 favorable | |
| d. | $20,000 favorable |
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CISA Certified Information Systems Auditor Study Guide
Authors: David L. Cannon, Timothy S. Bergmann, Brady Pamplin
1st Edition
0782144381, 978-0782144383
