Title: The actual information pertains to the month of September. As part of the budgeting process, Kriger ... Post by: NikNik on Jul 1, 2018 The actual information pertains to the month of September. As part of the budgeting process, Kriger Fencing Company developed the following static budget for September. Kriger is in the process of preparing the flexible budget and understanding the results.
ActualFlexibleStatic ResultsBudgetBudget Sales volume (in units)10,00012,500 Sales revenues$500,000$$625,000 Variable costs256,000$ ________300,000 Contribution margin244,000$325,000 Fixed costs229,000$ ________225,000 Operating profit$ 15,000$ $ 100,000 The primary reason for low operating profits was ________. A) the variable-cost variance B) increased fixed costs C) a poor management accounting system D) lower sales volume than planned Title: The actual information pertains to the month of September. As part of the budgeting process, Kriger ... Post by: guarnere on Jul 1, 2018 D
Title: The actual information pertains to the month of September. As part of the budgeting process, Kriger ... Post by: NikNik on Jul 1, 2018 Thank you for being such a great website leader! Your answer's right.
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