Please do not give solution in image format thanku The following information is provided regarding a manufacturing company. Some ofthe company's data was misplaced.Units soldRevenuesVariable costsFixed costsOperatingincomeActualResults490,000$186,850(C)$36.710$78,400O $11,750 favorableFlexible Budget FlexibleVariancesBudget$11.750 unfavorableO $7,910 unfavorableO $7,910 favorable$5,000 F$870 U$3,780 FWhat is the total flexible-budget variance (D)?(D)490,000(A)$70,870$40,490$70,490Sales-VolumeVariances$6,460 U$10,300 F0(E)StaticBudget448,450(B)$81,170$40,490$66,650

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Description: Please do not give solution in image format thanku The following information is provided regarding a manufacturing company. Some ofthe company's data was misplaced.Units soldRevenuesVariable costsFixed costsOperatingincomeActualResults490,000$186,850

Revenue or income variance is the difference between the revenue estimated and the actual revenue.…

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The following information is provided regarding a manufacturing company. Some of the company's data was misplaced. Units sold Revenues Fixed costs Actual Results Operating income 490,000 Variable costs (C) $186,850 $36,710 $78,400 O $11,750 favorable Flexible Budget Flexible Variances Budget O $11,750 unfavorable O $7,910 unfavorable O $7,910 favorable $5,000 F $870 U $3,780 F What is the total flexible-budget variance (D)? (D) 490,000 (A) $70,870 $40,490 $70,490 Sales-Volume Variances $6,460 U $10,300 F 0 (E) Static Budget 448,450 (B) $81,170 $40,490 $66,650

The following information is provided regarding a manufacturing company. Some of the company's data was misplaced. Units sold Revenues Fixed costs Actual Results Operating income 490,000 Variable costs (C) $186,850 $36,710 $78,400 O $11,750 favorable Flexible Budget Flexible Variances Budget O $11,750 unfavorable O $7,910 unfavorable O $7,910 favorable $5,000 F $870 U $3,780 F What is the total flexible-budget variance (D)? (D) 490,000 (A) $70,870 $40,490 $70,490 Sales-Volume Variances $6,460 U $10,300 F 0 (E) Static Budget 448,450 (B) $81,170 $40,490 $66,650

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter18: Pricing And Profitability Analysis

Section: Chapter Questions

Problem 28P: The following information pertains to Vladamir, Inc., for last year: There are no work-in-process...

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The following information pertains to Vladamir, Inc., for last year: There are no work-in-process inventories. Normal activity is 100,000 units. Expected and actual overhead costs are the same. Costs have not changed from one year to the next. Required: 1. How many units are in ending inventory? 2. Without preparing an income statement, indicate what the difference will be between variable-costing income and absorption-costing income. 3. Assume the selling price per unit is 29. Prepare an income statement using (a) variable costing and (b) absorption costing.