Question: Calculate and fill the empty columns: Learning Activity 4 Actual Results Static Budget Variances Static Budget Units sold 15,000 13,000 Revenue $720,000 $611,000 Variable Cost
Calculate and fill the empty columns:
| Learning Activity 4 | Actual Results |
| Static Budget Variances |
| Static Budget
|
| Units sold | 15,000 |
|
|
| 13,000 |
| Revenue
| $720,000 |
|
|
| $611,000 |
| Variable Cost | 555,000 |
|
|
| 455,000 |
| Contribution margin | 165,000 |
|
|
| 156,000 |
| Fixed Cost | 85,000 |
|
|
| 82,000 |
| Operating Income | $80,000 |
|
|
| $74,000 |
| Learning Activity 4
| Static Budget
| Variances | Flexible Budget | Variances | Actual Results
|
| Units sold | 13,000 |
|
|
| 15,000 |
| Revenue
| $611,000 |
|
|
| $720,000 |
| Variable Cost | 455,000 |
|
|
| 555,000 |
| Contribution margin | 156,000 |
|
|
| 165,000 |
| Fixed Cost | 82,000 |
|
|
| 85,000 |
| Operating Income | $74,000 |
|
|
| $80,000 |
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