Question: Finding missing data. Find the values of the missing items (a) through (u). Achieved Cost and Flexible Budget Master Budget Based on Actual Sales Volume
Finding missing data. Find the values of the missing items
(a) through (u).
Achieved Cost and Flexible Budget Master Budget Based on Actual Sales Volume Sales Price Variances Based on Actual Sales Volume Sales Volume Variance Based on Budgeted Sales Volume Units (b) (a) 2,000 F 10.000 Sales Revenue 9 $18,000 F (h) $150,000 Less: Variable Manufacturing Costs (n) 9,000 U $96,000 (k) 80,000 Variable Marketing and Administrative Costs $21,600 (0) 24,000 $4,000 U Contribution Margin ip) (r) $60.000 ADM $ 50.000 Less: Fixed Manufacturing Costs 2,000 F (e) Fixed Marketing and Administrative Costs $18,000 (t) 15,000 Operating Profits (s) Hy $20,000 (m)
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