Find Missing Data for Profit Variance Analysis

Requirement:

Find the values of the missing items ( a ) through ( q ). Suppose that the actual sales volume equals actual production volume.

Transcribed Image Text:

Income Statement Manufacturing Administrative Price Budget tiity Budget Marketing and Sales Flexible Sales Master (1,500 units) Variance Variance Variance (a units Ve (1,600 units) $78,000 $81,000 (c) Sales revenue Variable manufacturing costs. Variable marketing and b) $2,400 F $1,520 F administrative costs Contribution margin... 0 $9,600 $49,600