ProNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $140 for each connector and fixed costs per month. ProNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 80 connectors at a total cost of $28,000. ProNet's sales volume variance for total costs is OA. $7,300 U. OB. $2,800 F. OC. $7,300 F. OD. $2,800 U. CID
ProNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $140 for each connector and fixed costs per month. ProNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 80 connectors at a total cost of $28,000. ProNet's sales volume variance for total costs is OA. $7,300 U. OB. $2,800 F. OC. $7,300 F. OD. $2,800 U. CID
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 5PA: Ed Co. manufactures two types of O rings, large and small. Both rings use the same material but...
Related questions
Question
![ProNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $140 for each connector and fixed costs of $9,500
per month. ProNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 80 connectors at a total cost of $28,000
ProNet's sales volume variance for total costs is
OA. $7,300 U.
OB. $2,800 F.
OC. $7,300 F.
OD. $2,800 U.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fbfe90c1a-402d-4732-aba9-b8492dc688c9%2F706a3a3b-5521-42f7-93d4-eb1d00c5bd1f%2Fdwu34if_processed.jpeg&w=3840&q=75)
Transcribed Image Text:ProNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $140 for each connector and fixed costs of $9,500
per month. ProNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 80 connectors at a total cost of $28,000
ProNet's sales volume variance for total costs is
OA. $7,300 U.
OB. $2,800 F.
OC. $7,300 F.
OD. $2,800 U.
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
![Cornerstones of Cost Management (Cornerstones Ser…](https://www.bartleby.com/isbn_cover_images/9781305970663/9781305970663_smallCoverImage.gif)
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
![Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337912020/9781337912020_smallCoverImage.jpg)
Managerial Accounting
Accounting
ISBN:
9781337912020
Author:
Carl Warren, Ph.d. Cma William B. Tayler
Publisher:
South-Western College Pub
![Financial And Managerial Accounting](https://www.bartleby.com/isbn_cover_images/9781337902663/9781337902663_smallCoverImage.jpg)
Financial And Managerial Accounting
Accounting
ISBN:
9781337902663
Author:
WARREN, Carl S.
Publisher:
Cengage Learning,
![Excel Applications for Accounting Principles](https://www.bartleby.com/isbn_cover_images/9781111581565/9781111581565_smallCoverImage.gif)
Excel Applications for Accounting Principles
Accounting
ISBN:
9781111581565
Author:
Gaylord N. Smith
Publisher:
Cengage Learning