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Sales volume: 1,100 units; Sales price: $70.00 per unit Variable costs: $33.00 per unit; Fixed costs: $37,800 per month Operating income: $2,900 Actual results, at the end of the month, follows: Actual results: Sales volume: 995 units; Sales price: $75.00 per unit Variable costs: $35.00 per unit; Fixed costs: $35,000 per month Operating income: $4,800 Calculate the sales volume variance for revenue. A.

Sales volume: 1,100 units; Sales price: $70.00 per unit Variable costs: $33.00 per unit; Fixed costs: $37,800 per month Operating income: $2,900 Actual results, at the end of the month, follows: Actual results: Sales volume: 995 units; Sales price: $75.00 per unit Variable costs: $35.00 per unit; Fixed costs: $35,000 per month Operating income: $4,800 Calculate the sales volume variance for revenue. A.

FINANCIAL ACCOUNTING
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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The static budget, at the beginning of the month, for Beacon Banner Company follows: Static budget: Sales volume: 1,100 units; Sales price: $70.00 per unit Variable costs: $33.00 per unit; Fixed costs: $37,800 per month Operating income: $2,900 Actual results, at the end of the month, follows: Actual results: Sales volume: 995 units; Sales price: $75.00 per unit Variable costs: $35.00 per unit; Fixed costs: $35,000 per month Operating income: $4,800 Calculate the sales volume variance for revenue. A. $7,350 U B. $2,800 U C. $3,885 U D. $4,975 F
Transcribed Image Text:The static budget, at the beginning of the month, for Beacon Banner Company follows: Static budget: Sales volume: 1,100 units; Sales price: $70.00 per unit Variable costs: $33.00 per unit; Fixed costs: $37,800 per month Operating income: $2,900 Actual results, at the end of the month, follows: Actual results: Sales volume: 995 units; Sales price: $75.00 per unit Variable costs: $35.00 per unit; Fixed costs: $35,000 per month Operating income: $4,800 Calculate the sales volume variance for revenue. A. $7,350 U B. $2,800 U C. $3,885 U D. $4,975 F
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