Question: I need new answer with full explanation please Question 2.1 (Total: 24 marks) TeleTube Inc, manufacturers TVs. Unfortunately, some of the company's data was misplaced

Question 2.1 (Total: 24 marks) TeleTube Inc, manufacturers TVs. Unfortunately, some of the company's data was misplaced by an IT error. Use the following information to replace the lost data: Analysis Units Sold Revenues Variable Costs Fixed Costs Operating Income Sales- Actual Flexible Flexible Volume Results Variances Budget Variances 112,500 112.500 $42,080 $1,000 (A) $1,400 U (C) $200 U $15,860 $2,340 F $8,280 $860 F $9,140 Static Budget 103,125 (B) $18,200 $9,140 $17,740 (D) $16,080 $15.140 Required 1. What are the respective flexible-budget revenues (A)? 2. What are the static-budget revenues (B)? 3. What are the actual variable costs (C) 100 GeFeedba ENG Question 2.1 (Total: 24 marks) TeleTube Inc manufacturers TVs. Unfortunately, some of the company's data was misplaced by an IT error. Use the following information to replace the lost data: Analysis Units Sold Revenues Variable Costs Fixed Costs Operating Income Sales- Actual Flexible Flexible Volume Results Variances Budget Variances 112,500 112,500 $42,080 $1,000 F (A) $1,400 U (C) $200 U $15,860 $2,340F $8,280 $860 F $9,140 Static Budget 103,125 (B) $18,200 $9,140 $17,740 (D) $16,080 (E) $15.140 Required 1. What are the respective flexible-budget revenues (A)? 2. What are the static-budget revenues (B)? 3. What are the actual variable costs (C) 1000 Gretende ENG 4. What is the total flexible-budget variance (D)? 5. What is the total sales volume variance (E)? 6. What is the total static-budget variance
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
