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using the following infromation calculate the static budget, flexible budget and sales- volume variances Actual budget total sales revenue 400,000 500,000 total direct materials 100,000
using the following infromation calculate the static budget, flexible budget and sales- volume variances
| Actual | budget | |
| total sales revenue | 400,000 | 500,000 |
| total direct materials | 100,000 | 200,000 |
| total direct labor | 40,000 | 35000 |
| total fixed cost | 180,000 | 180,000 |
| volume of production | 200,000 | 220,000 |
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Financial Accounting Tools for business decision making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th Edition
978-1119191674, 047053477X, 111919167X, 978-0470534779
