Question: Please give an accurate and complete answer. Please pay attention to the requirements in red. If correct, I will give a good comment. MINH CILIEUVILI

Please give an accurate and complete answer. Please pay attention to the requirements in red. If correct, I will give a good comment.
Please give an accurate and complete answer. Please pay attention to the
requirements in red. If correct, I will give a good comment. MINH
CILIEUVILI WELE. Required Information d. Tomas Lauvuuyen Van (DISU TERTE W WLDi
perny Mille van TUI UN POUR b. Total flexible-budget variance. c. Sales

MINH CILIEUVILI WELE. Required Information d. Tomas Lauvuuyen Van (DISU TERTE W WLDi perny Mille van TUI UN POUR b. Total flexible-budget variance. c. Sales volume variance, in terms of operating income. d. Sales volume variance, in terms of contribution margin e. Selling price variance. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Using text Exhibit 14.4 as a guide, complete the missing parts of the following profit report for December. (If a variance has no amount, select "No corresponding dropdown coll.) Flexible Actual results Master (static) Flexible-budget variances Sales volume variances budget budget Unit sales 113,000 102,000 Sales $ 565,000 $ 510,000 Variable costs 429,400 300,000 Contribution margin $ 135,600 $ 204,000 Fixed costs 70,000 88,000 $ $ Operating income 116,000 65,600 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 2. Based on your completed profit report, determine the dollar amount, and label (Favorable or Unfavorable)) each of the following variances for December: (if a variance has no amount, select "None" in the corresponding dropdown cell.) a. Total master (static) budget variance (also referred to as the total operating income variance for the period). b. Total flexible-budget variance. c. Sales volume variance, in terms of operating income. d. Sales volume variance, in terms of contribution margin. e. Selling price variance. Show less a. b Total master (static) budget variance b. Total flexible-budget variance Sales volume variance, in terms of operating income d. Sales volume variance, in terms of contribution margin Selling price variance C. e.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!