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Zenefit Corporation sold laser pointers for $11 each in 2017. Its budgeted selling price was $12 per unit. Other information related to its performance
Zenefit Corporation sold laser pointers for $11 each in 2017. Its budgeted selling price was $12 per unit. Other information related to its performance is given below: Units made and sold Variable costs Fixed costs Actual 28,000 $90,000 $55,000 Budgeted 27,500 $ $58,000 3 per unit Calculate Zenefit's static-budget variance for (a) revenues, (b) variable costs, (c) fixed costs, and (d) operating income. Consider Zenefit Corporation. With the same information for 2017 as provided in Try It 7-1, calculate Zenefit's flexible budget for (a) revenues, (b) variable costs, (c) fixed costs, and (d) operating income. Consider Zenefit Corporation again. With the same information for 2017 as provided in Try It 7-1, calculate Zenefit's flexible-budget and sales-volume variances for (a) revenues, (b) variable costs, (c) fixed costs, and (d) operating income.
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a Staticbudget variance for revenues Actual revenues Units made and sold Actual selling price 28000 11 308000 Budgeted revenues Units made and sold Bu...Get Instant Access to Expert-Tailored Solutions
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