The following data are available for the most recent year of operations for Prest Products. The revenue portion of the sales activity variance is $226,500 U. Master budget based on budgeted sales of 45,300 units: Revenue Materials Labor Variable manufacturing overhead and administrative costs Fixed manufacturing overhead and administrative costs Required: a. How many units were actually sold in the most recent period? h Prepare a sales activity variance for the most recent year for Prest Products. $1,510,000 513,400 377,500 75,500 181,200

Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 8E: Standard cost summary; materials and labor cost variances Perkins Processors Inc. produces an...
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The following data are available for the most recent year of operations for Prest Products. The revenue portion of the sales activity
variance is $226,500 U.
Master budget based on budgeted sales of 45,300 units:
Revenue
Materials
Labor
Variable manufacturing overhead and administrative costs
Fixed manufacturing overhead and administrative costs
Required:
a. How many units were actually sold in the most recent period?
b. Prepare a sales activity variance for the most recent year for Prest Products.
$1,510,000
513,400
377,500
75,500
181,200
Transcribed Image Text:The following data are available for the most recent year of operations for Prest Products. The revenue portion of the sales activity variance is $226,500 U. Master budget based on budgeted sales of 45,300 units: Revenue Materials Labor Variable manufacturing overhead and administrative costs Fixed manufacturing overhead and administrative costs Required: a. How many units were actually sold in the most recent period? b. Prepare a sales activity variance for the most recent year for Prest Products. $1,510,000 513,400 377,500 75,500 181,200
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