Tech Draperies makes and sells curtains. Information related to its performance in 2020 is given below: Actual Budget Units made and sold 1,300 1,500 Seling price $220 per curtain $210 per curtain Variable costs $ 163,000 $105 per curtain Fixed costs $ 79,000 84,000 Calculate Tech Draperies' flexible-budget variance for operating income. Calculate Tech Draperies' static budget variance for operating income.

Tech Draperies makes and sells curtains. Information related to its performance in 2020 is given below: Actual Budget Units made and sold 1,300 1,500 Seling price $220 per curtain $210 per curtain Variable costs $ 163,000 $105 per curtain Fixed costs $ 79,000 84,000 Calculate Tech Draperies' flexible-budget variance for operating income. Calculate Tech Draperies' static budget variance for operating income.

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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