The master budget at Western Company last period called for sales of 226,000 units at $10.00...

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The master budget at Western Company last period called for sales of 226,000 units at $10.00 each. The costs were estimated to be $3.85 variable per unit and $226,000 fixed. During the period, actual production and actual sales were 231,000 units. The selling price was $10.10 per unit. Variable costs were $5.50 per unit. Actual fixed costs were $226,000. Required: Prepare a profit variance analysis. (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there Is no effect, do not select either option.) Sales revenue Less: Variable costs Contribution margin Less: Fixed costs Operating profits WESTERN COMPANY Profit Variance Analysis Actual Budget Manufacturing Varlances Sales Price Varlance Flexible Budget Sales Activity Varlance Master Budget The master budget at Western Company last period called for sales of 226,000 units at $10.00 each. The costs were estimated to be $3.85 variable per unit and $226,000 fixed. During the period, actual production and actual sales were 231,000 units. The selling price was $10.10 per unit. Variable costs were $5.50 per unit. Actual fixed costs were $226,000. Required: Prepare a profit variance analysis. (Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there Is no effect, do not select either option.) Sales revenue Less: Variable costs Contribution margin Less: Fixed costs Operating profits WESTERN COMPANY Profit Variance Analysis Actual Budget Manufacturing Varlances Sales Price Varlance Flexible Budget Sales Activity Varlance Master Budget

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Lets break down the profit variance analysis for Western Company 1 Actual Sales Actual sales 231000 ... View the full answer