The actual information pertains to the month of September. As a part of the budgeting process,Twilith Fencing Company developed the following static budget for September.Sales volume (in units) 12,000Sales revenues$660,000307,200274,800$ 78,000Variable costsFixed costsOperating profitActual Results Static Budget15,000Select one:O a. $90,000 UO b. $52,800 UO c. $90,000 FO d. $52,800 F$750,000360,000The static budget variance for sales is:270,000$ 120,000

Static budget is that budget which does not change or this is fixed one. Static budget in business…

The actual information pertains to the month of September. As a part of the budgeting process, Twilith Fencing Company developed the following static budget for September. Actual Results Static Budget 15,000 Sales volume (in units) 12,000 Sales revenues $660,000 Variable costs 307,200 Fixed costs 274,800 $ 78,000 Operating profit The static budget variance for sales is: Select one: $750,000 360,000 270,000 $ 120,000 O a. $90,000 U O b. $52,800 U O c. $90,000 F O d. $52,800 F

The actual information pertains to the month of September. As a part of the budgeting process, Twilith Fencing Company developed the following static budget for September. Actual Results Static Budget 15,000 Sales volume (in units) 12,000 Sales revenues $660,000 Variable costs 307,200 Fixed costs 274,800 $ 78,000 Operating profit The static budget variance for sales is: Select one: $750,000 360,000 270,000 $ 120,000 O a. $90,000 U O b. $52,800 U O c. $90,000 F O d. $52,800 F

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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