29) The Alaska Fish Company completed the flexible budget analysis for the second quarter, which is given below. Flexible Sales Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Units 12,820 이 12,820 1020F 11,800 Sales Revenue $62,730 $2478 U $65,208 $5188F $60,020 Variable Costs 27,530 108 U 27,422 $2182U 25,240 Contribution Margin $35,200 $2586 U $37,786 $3006 F $34,780 Fixed Costs 34,290 250 U 34,040 $0 34,040 Operating Income/(Loss) $910 $2836 U $3746 $3006E $740 Which of the following statements would be a correct factor to explain the sales volume variance for operating income? A) decrease in sales price per unit B) increase in variable cost per unit C) increase in sales volume D) increase in fixed costs
29) The Alaska Fish Company completed the flexible budget analysis for the second quarter, which is given below. Flexible Sales Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Units 12,820 이 12,820 1020F 11,800 Sales Revenue $62,730 $2478 U $65,208 $5188F $60,020 Variable Costs 27,530 108 U 27,422 $2182U 25,240 Contribution Margin $35,200 $2586 U $37,786 $3006 F $34,780 Fixed Costs 34,290 250 U 34,040 $0 34,040 Operating Income/(Loss) $910 $2836 U $3746 $3006E $740 Which of the following statements would be a correct factor to explain the sales volume variance for operating income? A) decrease in sales price per unit B) increase in variable cost per unit C) increase in sales volume D) increase in fixed costs
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:29) The Alaska Fish Company completed the flexible budget analysis for the second quarter, which is
given below.
Flexible
Sales
Actual Budget
Flexible
Volume
Static
Results
Variance
Budget
Variance
Budget
Units
12,820
이
12,820
1020F
11,800
Sales Revenue
$62,730
$2478 U
$65,208
$5188F
$60,020
Variable Costs
27,530
108 U
27,422
$2182U
25,240
Contribution Margin
$35,200
$2586 U
$37,786
$3006 F
$34,780
Fixed Costs
34,290
250 U
34,040
$0
34,040
Operating
Income/(Loss)
$910
$2836 U
$3746
$3006E
$740
Which of the following statements would be a correct factor to explain the sales volume variance for
operating income?
A) decrease in sales price per
unit
B) increase in variable cost per unit
C) increase in sales volume
D) increase in fixed costs
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