The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is $225,000 F. Master budget based on actual sales of 155,000 units: Revenue $ 3,000,000 Materials 855,000 Labor 630,000 Variable manufacturing overhead and administrative costs 130,000 Fixed manufacturing overhead and administrative costs 350,000 Required: a. How many units were actually sold in the most recent period? (Do not round intermediate calculations.) b. Prepare a sales activity variance for the most recent year for Slacker & Sons.
The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is $225,000 F. Master budget based on actual sales of 155,000 units: Revenue $ 3,000,000 Materials 855,000 Labor 630,000 Variable manufacturing overhead and administrative costs 130,000 Fixed manufacturing overhead and administrative costs 350,000 Required: a. How many units were actually sold in the most recent period? (Do not round intermediate calculations.) b. Prepare a sales activity variance for the most recent year for Slacker & Sons.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is $225,000 F.
Revenue $ 3,000,000
Materials 855,000
Labor 630,000
Variable manufacturing overhead and administrative costs 130,000
Fixed manufacturing overhead and administrative costs 350,000
Required:
a. How many units were actually sold in the most recent period? (Do not round intermediate calculations.)
b. Prepare a sales activity variance for the most recent year for Slacker & Sons.
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