Selected data for October for Rio Vista Company is shown as follows. The variable overhead sales activity variance is $6,000 F.Flexible budget based on actual sales of 13,600 units:RevenueMaterialsLaborVariable overheadFixed 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 ARequired BSales revenueVariable costs:Recreate the master budget for October. (Do not round Intermediate calculations. Indicate the effect of each varlance byselecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.)MaterialsDirect laborVariable overheadSales revenueVariable costs:$124,00048,80026,80024,00018,200RIO VISTA COMPANYSales Activity VarianceFlexibleBudgetMaterialsDirect laborVariable overheadTotal variable costsContribution marginFixed costs:Manufacturing overhead and administrativeTotal fixed costsOperating profitsSales ActivityVarianceMaster Budget

Name: Selected data for October for Rio Vista Company is shown as follows.
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Description: Selected data for October for Rio Vista Company is shown as follows. The variable overhead sales activity variance is $6,000 F.Flexible budget based on actual sales of 13,600 units:RevenueMaterialsLaborVariable overheadFixed costs (manufacturing and

Number of units that were budgeted for October in Master Budget =15,300 Workings:- Particulars…

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Selected data for October for Rio Vista Company is shown as follows. The variable overhead sales activity variance is $6,000 F. Flexible budget based on actual sales of 13,600 units: Revenue Materials Labor Variable overhead Fixed costs (manufacturing and administrative) $124,000 48,800 26,800 24,000 18,200 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

Selected data for October for Rio Vista Company is shown as follows. The variable overhead sales activity variance is $6,000 F. Flexible budget based on actual sales of 13,600 units: Revenue Materials Labor Variable overhead Fixed costs (manufacturing and administrative) $124,000 48,800 26,800 24,000 18,200 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

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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