The following, partially complete profit variance analysis is from October for La Salle Manufacturing: Required: Find...

Transcribed Image Text:

The following, partially complete profit variance analysis is from October for La Salle Manufacturing: Required: Find the values of the missing items. Assume that the actual sales volume equals actual production volume. (There are no inventory level changes.) Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Sales revenue Variable manufacturing costs Reported Income Statement Manufacturing Marketing and Administrative Flexible Budget Sales Activity Varianc (18,000 units) Variance Variance Sales Price Variance 18,000 units $ 468,000 $ 486,000 $ 14,400 F 9,120 F Variable marketing and administrative costs Contribution margin $ 297,600 ty Variance Master Budget (19,200 units) OF 57,600 The following, partially complete profit variance analysis is from October for La Salle Manufacturing: Required: Find the values of the missing items. Assume that the actual sales volume equals actual production volume. (There are no inventory level changes.) Note: Do not round intermediate calculations. Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Sales revenue Variable manufacturing costs Reported Income Statement Manufacturing Marketing and Administrative Flexible Budget Sales Activity Varianc (18,000 units) Variance Variance Sales Price Variance 18,000 units $ 468,000 $ 486,000 $ 14,400 F 9,120 F Variable marketing and administrative costs Contribution margin $ 297,600 ty Variance Master Budget (19,200 units) OF 57,600