Vasquez Construction Materials Company has a sales office that sells concrete culvert pipes to property developers. The sales office is a revenue center and prepares a monthly responsibility report. The following information is providec Revenue Center Responsibility Report Flexible Budget Variance Actual Sales Revenue $31,500 Flexible Budget $30,000 Sales Volume Variance Static Budget $40,800 Product Турe U/E U/F 40 inch 36 inch long 40,150 42,200 33,000 36 inch short 36,100 33,200 31,100 32 inch 19,000 20,300 28,400 What is the sales volume variance for the 36 - inch long pipe? O A. $2,050 U O B. $10,800 U Oc. $1,500 F O D. $9,200 F

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter8: Current And Contingent Liabilities
Section: Chapter Questions
Problem 29CE: Unearned Sales Revenue Brand Landscaping offers a promotion where a customers lawn will be mowed 20...
icon
Related questions
Question

Question 2

Vasquez Construction Materials Company has a sales office that sells concrete culvert pipes to property developers. The sales office is a revenue center and prepares a monthly responsibility report. The following information is provided.
Revenue Center Responsibility Report
Actual
Sales
Revenue
$31,500
Product
Туре
40 inch
Flexible
Budget
Variance
Flexible
Budget
$30,000
Sales
Volume
Variance
Static
Budget
U/F
U/F
$40.800
36 inch long
36 inch short 36,100
42,200
33,200
40,150
33.000
31,100
32 inch
19,000
20.300
28,400
What is the sales volume variance for the 36 – inch long pipe?
t
O A. $2,050U
O B. $10,800 U
O c. $1,500 F
O D. $9,200F
Transcribed Image Text:Vasquez Construction Materials Company has a sales office that sells concrete culvert pipes to property developers. The sales office is a revenue center and prepares a monthly responsibility report. The following information is provided. Revenue Center Responsibility Report Actual Sales Revenue $31,500 Product Туре 40 inch Flexible Budget Variance Flexible Budget $30,000 Sales Volume Variance Static Budget U/F U/F $40.800 36 inch long 36 inch short 36,100 42,200 33,200 40,150 33.000 31,100 32 inch 19,000 20.300 28,400 What is the sales volume variance for the 36 – inch long pipe? t O A. $2,050U O B. $10,800 U O c. $1,500 F O D. $9,200F
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Market Efficiency
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
Cornerstones of Cost Management (Cornerstones Ser…
Cornerstones of Cost Management (Cornerstones Ser…
Accounting
ISBN:
9781305970663
Author:
Don R. Hansen, Maryanne M. Mowen
Publisher:
Cengage Learning
Principles of Accounting Volume 2
Principles of Accounting Volume 2
Accounting
ISBN:
9781947172609
Author:
OpenStax
Publisher:
OpenStax College
Financial Reporting, Financial Statement Analysis…
Financial Reporting, Financial Statement Analysis…
Finance
ISBN:
9781285190907
Author:
James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:
Cengage Learning
Century 21 Accounting Multicolumn Journal
Century 21 Accounting Multicolumn Journal
Accounting
ISBN:
9781337679503
Author:
Gilbertson
Publisher:
Cengage
Managerial Accounting: The Cornerstone of Busines…
Managerial Accounting: The Cornerstone of Busines…
Accounting
ISBN:
9781337115773
Author:
Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger
Publisher:
Cengage Learning