The following static budget is provided: 300,000 Per Unit Total Sales $70 $1,050,000 Less variable costs: Manufacturing costs 30 450,000 Selling and administrative costs 20 Contribution margin $20 $300,000 Less fixed costs: Manufacturing costs 80,000 Selling and administrative costs 118,000 Total fixed costs 198,000 Net income $ 102,000 What will be the overall volume variance if 12,000 units are produced and sold?

The following static budget is provided: Per Unit Total Sales $ 70 $ 1,050,000 Less variable costs: Manufacturing costs 30 450,000 Selling and administrative costs 20 300,000 Contribution margin $ 20 $ 300,000 Less fixed costs: Manufacturing costs 91,000 Selling and administrative costs 104,000 Total fixed costs 195,000 Net income $ 105,000 What will be the overall volume variance if 12,000 units are produced and sold?   a. $60,000 U b. $165,000 U c. $90,000 F d. $90,000 U

A given work package has a planned value( (PV) of $10,000, an earned value (EV) of $9,000, and an actual cost (AC) of $12,000. Which of the following is not true: O Cost variance is -$3,000 O Schedule variance is -$2,000 Cost performance index is 0.75 Schedule performance index is 0.9

What is the DL Time Variance, given the following info: Actual Costs = 6,000 hours at $12.00 Standard Costs = 7,500 hours at $11.60 Group of answer choices $2,400.00 favorable $3,000.00 favorable $15,000.00 unfavorable $17,400.00 favorable

Why is flexible budget variable costs 590,000 x 3?

! Required information [The following information applies to the questions displayed below.] The fixed budget for 21,300 units of production shows sales of $617,700; variable costs of $63,900; and fixed costs of $143,000. If the company actually produces and sells 26,800 units, calculate the flexible budget income Sales Variable costs Contribution margin Fixed costs Income ------Flexible Budget------ Variable Amount per Unit $ 0 ▶▶▶ Total Fixed Cost 21,300 units $ ------Flexible Budget at $ 0 0 26,800 units $ $ 0 0

Required Information [The following information applies to the questions displayed below.] The fixed budget for 21,500 units of production shows sales of $559,000; variable costs of $64,500; and fixed costs of $142,000. If the company actually produces and sells 26,500 units, calculate the flexible budget Income. Sales Variable costs Contribution margin Fixed costs Income ------Flexible Budget-..... Variable Amount Total Fixed per Unit Cost $ 689,000 689,000 ------Flexible Budget at 21,500 units $ $ 0 0 26,500 units $ $ 0 0

Ocean Company is conducting a cost-volume-profit (CVP) analysis and has just prepared thefollowing budget information for the coming year:Product Line Alpha Beta Ceta Total$ $ $ $Sales revenues 600,000 1,200,000 200,000 2,000,000Less: variable costs 480,000 800,000 120,000 1,400,000Contribution margin 120,000 400,000 80,000 600,000Less: fixed costs 330,000Net profit 270,000The budget assumes the sale of 20,000 units of Alpha, 100,000 units of Beta, and 40,000 unitsof Ceta.Required:(a) Determine the overall contribution margin ratio the company's break-even point in totalsales dollars. (b) Determine the company's break-even point in total units and individual product units atthe budgeted sales mix. (c) If total sales volume is increased to 200,000 units with the same budgeted sales mix,calculate the total amount of contribution margin and the net profit earned.

Lincoln Corporation used the following data to evaluate their current operating systemThe company sells items for $18 each and used a budgeted selling price of $18 per Units sold Variable costs Fixed costs Actual Budgeted 45,000 units 31,000 units $161,000 150,000 $44,000 $50,000 What is the staticbudget variance of variable costs? A. 11,000 unfavorable B. $6,000 favorable C. 14,000 favorable D. $5,000 unfavorable

Based on predicted production of 24,300 units, a company budgets $320,000 of fixed costs and $461,700 of variable costs. If the company actually produces 19,100 units, what are the flexible budget amounts of fixed and variable costs?