Fullerton company's master budget calls for production and sale of 1,000 units for $5,000; variable costs of $2,000; and fixed costs of $1,000. During the most recent period, the company incurred $2,200 of variable costs and $1,100 of fixed costs to produce and sell 1200 units for $5,100. What is the sales volume variance for operating income? $900 unfavorable $500 favorable $800 favorable $400 unfavorable

Fullerton company's master budget calls for production and sale of 1,000 units for $5,000; variable costs of $2,000; and fixed costs of $1,000. During the most recent period, the company incurred $2,200 of variable costs and $1,100 of fixed costs to produce and sell 1200 units for $5,100. What is the sales volume variance for operating income? $900 unfavorable $500 favorable $800 favorable $400 unfavorable

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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