Pokeman Bunch Inc., manufactures Poke Monster figures and has the following data from its operation for the year just completed. Actual A Flexible Budget B Master Budget Units 1,500 1,200 Sales (dollars) $ 93,000 C $ 18,000 F Variable cost E $ 60,000 Contribution Margin $ 1,500 U D Fixed cost F $

Pokeman Bunch Inc., manufactures Poke Monster figures and has the following data from its operation for the year just completed. Actual A Flexible Budget B Master Budget Units 1,500 1,200 Sales (dollars) $ 93,000 C $ 18,000 F Variable cost E $ 60,000 Contribution Margin $ 1,500 U D Fixed cost F $

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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Question

Pokeman Bunch Inc., manufactures Poke Monster figures and has the following data from its operation for the year just completed.

	Actual		A	Flexible Budget		B	Master Budget
Units		1,500											1,200
Sales (dollars)	$	93,000						C	$	18,000	F
Variable cost		E										$	60,000
Contribution Margin				$	1,500	U		D
Fixed cost		F					$	5,000
Operating income	$	7,500

The sales volume variance in terms of operating income (to the nearest dollar) is:

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