Question
The Step Company has the following information for the year just ended: Budget Actual Sales in units 30,400 28,000 Sales $ 304,000 $ 294,000 Less:
The Step Company has the following information for the year just ended:
| Budget | Actual | ||||||
| Sales in units | 30,400 | 28,000 | |||||
| Sales | $ | 304,000 | $ | 294,000 | |||
| Less: Variable Expenses | 182,400 | 165,200 | |||||
| Contribution Margin | $ | 121,600 | $ | 128,800 | |||
| Less: Fixed Expenses | 77,000 | 93,200 | |||||
| Operating Income | $ | 44,600 | $ | 35,600 | |||
The Step Company's sales-volume variance is___________________.
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Horngrens Financial and Managerial Accounting
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
4th Edition
978-0133251241, 9780133427516, 133251241, 013342751X, 978-0133255584
