Nottingham Forest Products reports the following information concerning operations for the most recent month: Actual (based on Master Budget (based on actual sales of 4,890 units) budgeted sales of 4,075 units) Sales revenue $ 233,200 Less Manufacturing costs Direct labor 50,332 Materials 31,550 Variable 16,638 overhead Marketing 7,835 Administrative 7,245 Total variable costs Contribution margin Fixed costs Manufacturing 38,975 Marketing 14,890 Administrative 9,555 Total fixed costs $63,420 Operating profits $ 56,180 $ 113,600 $ 119,600 $ 191,525 39,030 27,230 13,130 6,230 6,530 $ 92,150 $ 99,375 37,430 12,230 10,430 $ 60,090 $ 39,285 There are no inventories. Required: Prepare a sales activity variance analysis for Nottingham Forest Products. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. I need this chart answered filled out asap its due soon

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Chapter 16 question 5
Nottingham Forest Products reports the following information concerning operations for the most recent month:
Actual (based on
actual sales of 4,890
Master Budget (based on
budgeted sales of 4,075
units)
units)
Sales revenue
Less
Manufacturing
costs
Direct labor 50,332
$ 233,200
Materials
Variable
16,638
overhead
Marketing 7,835
Administrative 7,245
Total variable
costs
Contribution
margin
Fixed costs
31,550
$113,600
$ 119,600
Manufacturing 38,975
Marketing 14,890
Administrative 9,555
Total fixed costs $63,420
Operating
profits
$ 56,180
$ 191,525
39,030
27,230
13,130
6,230
6,530
$ 92,150
$ 99,375
37,430
12,230
10,430
$ 60,090
$ 39,285
There are no inventories.
Required:
Prepare a sales activity variance analysis for Nottingham Forest Products.
Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U"
for unfavorable. If there is no effect, do not select either option.
I need this chart answered filled out asap its due soon
Transcribed Image Text:Chapter 16 question 5 Nottingham Forest Products reports the following information concerning operations for the most recent month: Actual (based on actual sales of 4,890 Master Budget (based on budgeted sales of 4,075 units) units) Sales revenue Less Manufacturing costs Direct labor 50,332 $ 233,200 Materials Variable 16,638 overhead Marketing 7,835 Administrative 7,245 Total variable costs Contribution margin Fixed costs 31,550 $113,600 $ 119,600 Manufacturing 38,975 Marketing 14,890 Administrative 9,555 Total fixed costs $63,420 Operating profits $ 56,180 $ 191,525 39,030 27,230 13,130 6,230 6,530 $ 92,150 $ 99,375 37,430 12,230 10,430 $ 60,090 $ 39,285 There are no inventories. Required: Prepare a sales activity variance analysis for Nottingham Forest Products. Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. I need this chart answered filled out asap its due soon
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