The following are the actual results for Bentler Associates for the most recent period: Sales volume...

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The following are the actual results for Bentler Associates for the most recent period: Sales volume Sales revenue Variable costs Manufacturing Marketing and administrative Contribution margin Fixed costs Manufacturing Marketing and administrative Operating profit 63,360 units $823,680 190,080 38,550 $595,050 371,500 103,450 $120,100 The company planned to produce and sell 72,000 units for $12.50 each. At that volume, the contribution margin would have been $648,000. Variable marketing and administrative costs are budgeted at 5 percent of sales revenue. Manufacturing fixed costs are estimated at $5 per unit at the budgeted volume of 72,000 units. Management notes, "We budget an operating profit of $2.50 per unit at the budgeted volume." Required a. Construct the master budget for the period. b. Prepare a profit variance analysis like the one in Exhibit 16.5. Page 770 The following are the actual results for Bentler Associates for the most recent period: Sales volume Sales revenue Variable costs Manufacturing Marketing and administrative Contribution margin Fixed costs Manufacturing Marketing and administrative Operating profit 63,360 units $823,680 190,080 38,550 $595,050 371,500 103,450 $120,100 The company planned to produce and sell 72,000 units for $12.50 each. At that volume, the contribution margin would have been $648,000. Variable marketing and administrative costs are budgeted at 5 percent of sales revenue. Manufacturing fixed costs are estimated at $5 per unit at the budgeted volume of 72,000 units. Management notes, "We budget an operating profit of $2.50 per unit at the budgeted volume." Required a. Construct the master budget for the period. b. Prepare a profit variance analysis like the one in Exhibit 16.5. Page 770

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a The master budget for Bentler Associates for the most recent period is as fol... View the full answer