Question: Question Completion Status: > A Moving to the next question prevents changes to this answer. Question 21 Engle Manufacturing Company established the following standard price
Question Completion Status: > A Moving to the next question prevents changes to this answer. Question 21 Engle Manufacturing Company established the following standard price and cost information: $50per unit $32per unit Sales Price Variable manufacturing cost Fixed manufacturing cost Fixed selling and administrative cost $100,000tota $40,000total Engle expected to produce and sell 15,000 units. Actual production and sales amounted to 16,000 units Required: a) Determine the sales volume variances, including variances for number of units, sales revenue, variable manufacturing b) Classify the variances as Favorable (F) or Unfavorable (UF) c) Comment on the usefulness of the variances with respect to performance evaluation d) Explain why the fixed cost variances are zero You will need to upload a document with your answers. Attach File Browse My Computer Browse Content Collection Browse Dropbox
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