uanna Inc. manufactures game consoles. Some of the company's data was misplaced. Use the following information to replace the lost data. Actual Results Flexible Budget Variance Flexible Budget Sales Volume Variance Master Budget Units 2,020 1,830 Revenues $ 145,440 $ 2,020 U A B Variable costs C $ 75,030 Fixed costs $ 22,000 Operating income $ 46,550 D $ 38,000
uanna Inc. manufactures game consoles. Some of the company's data was misplaced. Use the following information to replace the lost data. Actual Results Flexible Budget Variance Flexible Budget Sales Volume Variance Master Budget Units 2,020 1,830 Revenues $ 145,440 $ 2,020 U A B Variable costs C $ 75,030 Fixed costs $ 22,000 Operating income $ 46,550 D $ 38,000
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
uanna Inc. manufactures game consoles. Some of the company's data was misplaced. Use the following information to replace the lost data.
| Actual Results |
Flexible Variance |
Flexible Budget |
Sales Volume Variance |
Budget |
|||||||||||||||
| Units | 2,020 | 1,830 | |||||||||||||||||
| Revenues | $ | 145,440 | $ | 2,020 | U | A | B | ||||||||||||
| Variable costs | C | $ | 75,030 | ||||||||||||||||
| Fixed costs | $ | 22,000 | |||||||||||||||||
| Operating income | $ | 46,550 | D | $ | 38,000 | ||||||||||||||
The amount C, to nearest dollar, is:
Multiple Choice
-
$123,440.
-
$68,550.
-
Impossible to determine without further information.
-
$98,890.
-
$76,890.
Expert Solution
Step 1
Revenues = $ 145,440
Variable cost = C
Fixed cost = $ 22,000
Operating income = $ 46,550
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