Take me to the text Fill in the blank cells Do not enter dollar signs or commas in the joput boxes. Bound all answers to the nearest whole number. Enter all variances as positive values, Revenue Variable Costs Contribution Margin Fixed Costs Actual $238,000 5 $135,000 Flexible Budget Variance $38,110 50 Flexible Budget $28,290 $73,100 D Sales-Volume Variance $8.500 $8,890 $0 Static Budget $27,900 $162,000

Take me to the text Fill in the blank cells Do not enter dollar signs or commas in the joput boxes. Bound all answers to the nearest whole number. Enter all variances as positive values, Revenue Variable Costs Contribution Margin Fixed Costs Actual $238,000 5 $135,000 Flexible Budget Variance $38,110 50 Flexible Budget $28,290 $73,100 D Sales-Volume Variance $8.500 $8,890 $0 Static Budget $27,900 $162,000

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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Figure out what the total, price, and quantity variances are from the given information. Plz answer fast without plagiarism i give up vote
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Chanandler Bong Company manufactures transponsters. The company's controller misplaced some of the company's data. Use the following information to replace the lost data. F denotes a favorable variance and U denotes an unfavorable variance. Actuals Units Sold 11,250 11,250 Variable Costs Revenues $46,000 ? Fixed Costs Flexible Budget ? ? $15,975 $9,140 Flexible Budget Variance $1,000 F $200 U $860 F What is the actual operating income?
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Required Compute variances for the following items and indicate whether each variance is favorable or unfavorable: Note: Select "None" if there is no effect (i.e., zero variance). Item Sales price Sales revenue Cost of goods sold Material purchases at 5,000 pounds Materials usage Production volume Wages at 4,000 hours Labor usage at $16 per hour Research and development expense Selling and administrative expenses $ $ $ $ Budget $ $ $ $ 658 $ 584,000 $ 391,000 $ 279,000 $ Actual 186,000 pounds 182,000 pounds 990 units 920 units 60,800 $ 96,400 $ 26,000 $ 55,000 $ 529 608,000 364,000 286,000 59,100 97,800 31,000 44,000 Variance pounds units Effect
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