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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 $125,000 F. Master budget based on actual sales of 150,000 units: Revenue Materials Labor $2,500,000 850,000 625,000 125,000 300,000 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 Slacker & Sons. Complete this question by entering your answers in the tabs below. Required A Required B How many units were actually sold in the most recent period? Actual sales units Required A Required B >

The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is $125,000 F. Master budget based on actual sales of 150,000 units: Revenue Materials Labor $2,500,000 850,000 625,000 125,000 300,000 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 Slacker & Sons. Complete this question by entering your answers in the tabs below. Required A Required B How many units were actually sold in the most recent period? Actual sales units Required A Required B >

FINANCIAL ACCOUNTING
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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Hello questions is attached, thanks. 

Required A Required B Prepare a sales activity variance for the most recent year for Slacker & Sons. (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) SLACKER & SONS Sales Activity Variance Flexible Budget Sales Activity Variance Master Budget Sales revenue Variable costs: Materials Direct labor Variable manufacturing and administrative Total variable costs Contribution margin Fixed costs: Manufacturing overhead and administrative Total fixed costs Operating profits Required A Required B
Transcribed Image Text:Required A Required B Prepare a sales activity variance for the most recent year for Slacker & Sons. (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option.) SLACKER & SONS Sales Activity Variance Flexible Budget Sales Activity Variance Master Budget Sales revenue Variable costs: Materials Direct labor Variable manufacturing and administrative Total variable costs Contribution margin Fixed costs: Manufacturing overhead and administrative Total fixed costs Operating profits Required A Required B
The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is $125,000 F. Master budget based on actual sales of 150,000 units: Revenue $2,500,000 850,000 625,000 125,000 300,000 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 Slacker & Sons. Complete this question by entering your answers in the tabs below. Required A Required B How many units were actually sold in the most recent period? Actual sales units < Required A Required B >
Transcribed Image Text:The following data are available for the most recent year of operations for Slacker & Sons. The revenue portion of the sales activity variance is $125,000 F. Master budget based on actual sales of 150,000 units: Revenue $2,500,000 850,000 625,000 125,000 300,000 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 Slacker & Sons. Complete this question by entering your answers in the tabs below. Required A Required B How many units were actually sold in the most recent period? Actual sales units < Required A Required B >
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