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Using the following information, calculate the static budget, flexible budget and sales-volume variances: Actual Budget Total Sales Revenue $833,000 $1,000,300 Total Direct Materials $109,000 $89,000
Using the following information, calculate the static budget, flexible budget and sales-volume variances: Actual Budget Total Sales Revenue $833,000 $1,000,300 Total Direct Materials $109,000 $89,000 Total Direct Labor $70,000 $79,000 Total Fixed Costs $180,000 $180,000 Volume of Production 272,000 units 287,000 units Do not enter dollar signs or commas in the input boxes. Round all answers to 2 decimal places. Enter all variances as positive values. Actual Income: $ Budgeted Income: $ Budgeted CM per unit: $ Flexible Budget Income: $ Static-budget Variance: $ Flexible Budget Variance: $ Sales-volume Variance: $
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