Q38   A company's master budget for October is to manufacture and sell 31,300 units, for a total sales revenue of $296,000, total variable costs of $161,410, and total fixed costs of $26,600. The company actually manufactured and sold 33,300 units, and generated $86,600 of operating income in October.   The total flexible-budget variance in October was: (Do not round intermediate calculations.)   Multiple Choice   $6,825 unfavorable.   $51,175 unfavorable.   $29,990 unfavorable.   $8,600 unfavorable.   $60,000 unfavorable.

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A: Budgeting is a process of estimation of future income and expenditure for a particular period of…

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A: Static budget variance is the amount which is determined by comparing the static budgetary values…

Q: expenses. Prepare a flexible budget performance report that shows any variances between budgeted re-…

A: A static budget is prepared for a single estimated production volume.However, if actual production…

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A: The master budget is an important instrument for management in planning, coordinating, and…

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A: FIXED OVERHEAD SPENDING VARIANCE Fixed overhead variance which arises due to the difference…

Q: Q11

A: In this question, we have to calculate the direct labor flexible budget variance.

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A: Formula: Number of units actually sold = Actually generated profit - Sales volume variance

Q: A company's master budget for October is to manufacture and sell 60,000 units with fixed costs of…

A: Introduction: A budget is intended to anticipate an entity's financial outcomes and position for a…

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Q: ad costs 0

A: A flexible budget is a budget that can be adjusted with the company's new volume level and any other…

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A: master budget which represents the fixed budget prepared for the period. The flexible budget can be…

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A: Please check the next step for the solution

Q: Ch. 8 Total Budgeted Cost of Goods Sold Problem. Please solve the following problem and explain each…

A:

Q: Assume that a company's planned level of activity was 3,500 units and its actual level of activity…

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