Question
Time Remaining 45 minutes 55 seconds 00:45:55 Item 24 Item 24 Time Remaining 45 minutes 55 seconds 00:45:55 James Manufacturing had the following information available
Time Remaining 45 minutes 55 seconds
00:45:55
Item 24
Item 24
Time Remaining 45 minutes 55 seconds
00:45:55
James Manufacturing had the following information available for July:
| Actual Results | Flexible Budget Variance | Flexible Budget | Sales Activity Variance | Master Budget | ||||||||||||||||
| Units | 13,000 | ? | 2,000 | U | ? | |||||||||||||||
| Sales revenue | ? | $ | 13,000 | F | ? | ? | ? | |||||||||||||
| Less: | ||||||||||||||||||||
| Variable manufacturing costs | $ | 87,750 | $ | 91,000 | ? | $ | 105,000 | |||||||||||||
| Variable marketing and administrative | ? | $ | 3,250 | U | ? | $ | 4,000 | F | $ | 30,000 | ||||||||||
| Contribution margin | $ | 52,000 | ? | ? | $ | 6,000 | U | ? | ||||||||||||
What was Jamess flexible budget contribution margin for July?
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ISE Managerial Accounting
Authors: Stacey M. Whitecotton, Robert Libby, Fred Phillips
5th Edition
1265117896, 9781265117894
