Question
The Step Company has the following information for the year just ended: Budget Actual Sales in units 32,600 30,000 Sales $326,000 $315,000 Less: Variable Expenses
The Step Company has the following information for the year just ended:
|
| Budget | Actual |
| Sales in units | 32,600 | 30,000 |
| Sales | $326,000 | $315,000 |
| Less: Variable Expenses | $195,600 | $177,000 |
| Contribution Margin | $130,400 | $138,000 |
| Less: Fixed Expenses | $83,000 | $100,800 |
| Operating Income | $47,400 | $37,200 |
The Step Company's sales-price variance is:
A. $15,000 favorable
B. $16,300 favorable
C. $15,000 unfavorable
D. $16,300 unfavorable
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The Organisational Change Audit
Authors: Ralph Houston
1st Edition
1907766014, 978-1907766015
