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Selected data for October for Rio Vista Company is shown as follows. The variable overhead sales activity variance is $4,500 F. Flexible budget based on actual sales of 12,300 units: Revenue Materials Labor Variable overhead Fixed costs (manufacturing and administrative) $116,850 40,180 30,750 20,500 17,000 Required: a. How many units were budgeted for October in the master budget? b. Recreate the master budget for October. Complete this question by entering your answers in the tabs below. Required A Required B How many units were budgeted for October in the master budget? Budgeted sales units < Required A Required B >

Selected data for October for Rio Vista Company is shown as follows. The variable overhead sales activity variance is $4,500 F. Flexible budget based on actual sales of 12,300 units: Revenue Materials Labor Variable overhead Fixed costs (manufacturing and administrative) $116,850 40,180 30,750 20,500 17,000 Required: a. How many units were budgeted for October in the master budget? b. Recreate the master budget for October. Complete this question by entering your answers in the tabs below. Required A Required B How many units were budgeted for October in the master budget? Budgeted sales units < Required A Required B >

Cornerstones of Cost Management (Cornerstones Series)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter18: Pricing And Profitability Analysis
Section: Chapter Questions
Problem 15E: Flaherty, Inc., has just completed its first year of operations. The unit costs on a normal costing...
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Selected data for October for Rio Vista Company is shown as follows. The variable overhead sales activity variance is $4,500 F. Flexible budget based on actual sales of 12,300 units: Revenue $116,850 40,180 30,750 20,500 17,000 Materials Labor Variable overhead Fixed costs (manufacturing and administrative) Required: a. How many units were budgeted for October in the master budget? b. Recreate the master budget for October. Complete this question by entering your answers in the tabs below. Required A Required B How many units were budgeted for October in the master budget? Budgeted sales units Required A Required B >
Transcribed Image Text:Selected data for October for Rio Vista Company is shown as follows. The variable overhead sales activity variance is $4,500 F. Flexible budget based on actual sales of 12,300 units: Revenue $116,850 40,180 30,750 20,500 17,000 Materials Labor Variable overhead Fixed costs (manufacturing and administrative) Required: a. How many units were budgeted for October in the master budget? b. Recreate the master budget for October. Complete this question by entering your answers in the tabs below. Required A Required B How many units were budgeted for October in the master budget? Budgeted sales units Required A Required B >
Required A Required B Recreate the master budget for October. (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.) RIO VISTA COMPANY Sales Activity Variance Flexible Sales Activity Variance Master Budget Budget Sales revenue Variable costs: Materials Direct labor Variable overhead Total variable costs Contribution margin Fixed costs: Manufacturing overhead and administrative Total fixed costs Operating profits < Required A Required B
Transcribed Image Text:Required A Required B Recreate the master budget for October. (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.) RIO VISTA COMPANY Sales Activity Variance Flexible Sales Activity Variance Master Budget Budget Sales revenue Variable costs: Materials Direct labor Variable overhead Total variable costs Contribution margin Fixed costs: Manufacturing overhead and administrative Total fixed costs Operating profits < Required A Required B
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