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Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Enter all variances as positive values. Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Units Produced and Sold Actual $211,000 $ $76,000 $ $300 8,900 Flexible Budget Variance $189700 $115,580 $0 $114,980 0 Unfavourable + Unfavourable U U Flexible Budget 189700 x $22,420 $76,300 Sales-Volume Variance $21,300 $13,420 $0 $ $13,420 Favourable U V U U Favourable ÷ •

Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Enter all variances as positive values. Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Units Produced and Sold Actual $211,000 $ $76,000 $ $300 8,900 Flexible Budget Variance $189700 $115,580 $0 $114,980 0 Unfavourable + Unfavourable U U Flexible Budget 189700 x $22,420 $76,300 Sales-Volume Variance $21,300 $13,420 $0 $ $13,420 Favourable U V U U Favourable ÷ •

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Enter all variances as positive values. Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Units Produced and Sold Actual $211,000 S $76,000 $ $300 8,900 Flexible Budget Variance Unfavourable $189700 x $115,580 SO $114,980 0 Unfavourable U U Flexible Budget $189700 x $22,420 $76,300 Sales-Volume Variance $21,300 $13,420 $0 $13,420 Favourable U U U Favourable •
Transcribed Image Text:Do not enter dollar signs or commas in the input boxes. Round all answers to the nearest whole number. Enter all variances as positive values. Revenue Variable Costs Contribution Margin Fixed Costs Operating Income Units Produced and Sold Actual $211,000 S $76,000 $ $300 8,900 Flexible Budget Variance Unfavourable $189700 x $115,580 SO $114,980 0 Unfavourable U U Flexible Budget $189700 x $22,420 $76,300 Sales-Volume Variance $21,300 $13,420 $0 $13,420 Favourable U U U Favourable •
Revenue Variable Costs Contribution Margin Operating Income Actual Units Produced and Sold $211,000 3000 135000 Fixed Costs -75700 $76,000 x $300 Flexible Budget Variance 8,900 112580 V $115,580 $0 $114,980 Unfavourable # Unfavourable U U Flexible Budget 214000 119580 $22,420 7880 8900 ✓ 115280 X $76,300 100 Sales-Volume Variance. $21,300 ✓ $13,420 $0 $13,420 U Favourable 수 U U Favourable # Static Budget 174400 x $30,300 $205,000 45700 $ $128,700 8,800
Transcribed Image Text:Revenue Variable Costs Contribution Margin Operating Income Actual Units Produced and Sold $211,000 3000 135000 Fixed Costs -75700 $76,000 x $300 Flexible Budget Variance 8,900 112580 V $115,580 $0 $114,980 Unfavourable # Unfavourable U U Flexible Budget 214000 119580 $22,420 7880 8900 ✓ 115280 X $76,300 100 Sales-Volume Variance. $21,300 ✓ $13,420 $0 $13,420 U Favourable 수 U U Favourable # Static Budget 174400 x $30,300 $205,000 45700 $ $128,700 8,800
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