The static​ budget, at the beginning of the​ month, for Divine​ Décor Company,​ follows:   Static​ budget: Sales​ volume: 1,300 ​units; Sales​ price: $70 per unit Variable​ costs: $32 per​ unit; Fixed​ costs: $37,900 per month Operating​ income: $11,500   Actual​ results, at the end of the​ month, follows:   Actual​ results: Sales​ volume: 990 units; Sales​ price: $74 per unit Variable​ costs: $35 per​ unit; Fixed​ costs: $34,000 per month Operating​ income: $4,610   Calculate the flexible budget variance for sales revenue.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The static​ budget, at the beginning of the​ month, for Divine​ Décor Company,​ follows:
 
Static​ budget:
Sales​ volume: 1,300 ​units; Sales​ price: $70 per unit
Variable​ costs: $32 per​ unit; Fixed​ costs: $37,900 per month
Operating​ income: $11,500
 
Actual​ results, at the end of the​ month, follows:
 
Actual​ results:
Sales​ volume: 990 units; Sales​ price: $74 per unit
Variable​ costs: $35 per​ unit; Fixed​ costs: $34,000 per month
Operating​ income: $4,610
 
Calculate the flexible budget variance for sales revenue.
 
 
 
 
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