Question: Use the information below to answer the following question(s). Ames Golf Company used the following data to evaluate their current operating system. The company sells



Use the information below to answer the following question(s). Ames Golf Company used the following data to evaluate their current operating system. The company sells 1 pack of golf balls for $10 per pack. The $10 selling price is also the budgeted selling price. Budgeted Actual Units Sold 1,000,000 990,000 Variable Costs $3,000,000 $2,500,000 Fixed Costs $1,800,000 $1,850,000 What is the actual operating income for Ames Golf Company using the actual results? $5,970,000 $5,200,000 $5,550,000 $4,750,000 What is the budgeted operating income for Ames Golf Company? $5,970,000 $5,200,000 O $4,750,000 $7,000,000 $5,550,000 What is the total static budget variance for Ames Golf Company? $450,000 unfavourable $650,000 favourable 390,000 unfavourable $350,000 favourable $400,000 favourable A company uses a static budget approach and the previous management accountant calculated the following information: Fixed costs variance $10,000 U; revenues variance $400,000 F; contribution margin variance $60,000 F. What is the total static- budget variance? $390,000 F $230,000 u $50,000 U $230,000 F $50,000 F
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