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Use the following to answer the next 8 questions Larson Inc. sold 40,000 units of its only product in September for $240,000 and incurred a

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Use the following to answer the next 8 questions Larson Inc. sold 40,000 units of its only product in September for $240,000 and incurred a total cost of $225,000, of which $25,000 is fixed costs. The flexible budget for the operation of the month showed total sales of $300,000. Among variances of the period were: variable cost flexible budget variance, $8,000 unfavorable; operating income flexible budget variance, $63,000 unfavorable; contribution margin sales volume variance, household spend... Little Wage Grov 15. The budgeted fixed cost is: A) $30,000 B) $45,000. C) $71,000. D) $78,000 E) $93,000 16. The sales volume variance is: A) $20,000 unfavorable. B) $27,000 unfavorable. C) $36,000 unfavorable. D) $75,000 unfavorable. E) $90,000 unfavorable. 17. The master budget net income for September was: A) $78,000 B) $105,000 C) $108,000 D) $110,000 E) $135,000 18. The total sales in the master budget for September was: A) $300,000 B) S327,000 C) S350,000 D) $375,000 E) $425,000 19. The total units budgeted to be sold in the master budget for September was: A) 36,000 units B) 40,000 units C) 45,000 units D) 48,000 units E) 50,000 units Use the following to answer the next 8 questions Larson Inc. sold 40,000 units of its only product in September for $240,000 and incurred a total cost of $225,000, of which $25,000 is fixed costs. The flexible budget for the operation of the month showed total sales of $300,000. Among variances of the period were: variable cost flexible budget variance, $8,000 unfavorable; operating income flexible budget variance, $63,000 unfavorable; contribution margin sales volume variance, household spend... Little Wage Grov 15. The budgeted fixed cost is: A) $30,000 B) $45,000. C) $71,000. D) $78,000 E) $93,000 16. The sales volume variance is: A) $20,000 unfavorable. B) $27,000 unfavorable. C) $36,000 unfavorable. D) $75,000 unfavorable. E) $90,000 unfavorable. 17. The master budget net income for September was: A) $78,000 B) $105,000 C) $108,000 D) $110,000 E) $135,000 18. The total sales in the master budget for September was: A) $300,000 B) S327,000 C) S350,000 D) $375,000 E) $425,000 19. The total units budgeted to be sold in the master budget for September was: A) 36,000 units B) 40,000 units C) 45,000 units D) 48,000 units E) 50,000 units

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