The Step Company has the following information for the year just ended Budget Actual Sales in units 30,400 28,000 Sales $ 304,000 $ 294,000 Less Variable Expenses 182,400 165,200 Contribution Margin $ 121,600 $ 128,800 Less Fixed Expenses 77,000 93,200 Operating Income $ 44,600 $ 35,600 The Step Co...

Calculation of the Step Comp ...

The Step Company has the following information for the year just ended: Budget Actual Sales in units

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The Step Company has the following information for the year just ended:

	Budget		Actual
Sales in units		30,400		28,000
Sales	$	304,000	$	294,000
Less: Variable Expenses		182,400		165,200
Contribution Margin	$	121,600	$	128,800
Less: Fixed Expenses		77,000		93,200
Operating Income	$	44,600	$	35,600

The Step Company's sales-volume variance is___________________.

Related Book For answer-question

Horngrens Financial and Managerial Accounting

ISBN: 978-0133255584

4th Edition

Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura

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Posted Date: Feb 08, 2022 05:14 AM

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The Step Company has the following information for the year just ended: Budget Actual Sales in units

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Horngrens Financial and Managerial Accounting

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