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Title: The actual information pertains to the third quarter. As part of the budgeting process, the Duck ... Post by: emily8694 on Jul 1, 2018 The actual information pertains to the third quarter. As part of the budgeting process, the Duck Decoy Department of Paralith Incorporated had developed the following static budget for the third quarter. Duck Decoy is in the process of preparing the flexible budget and understanding the results.
ActualFlexibleStatic ResultsBudgetBudget Sales volume (in units)11,00010,000 Sales revenues$238,000$$230,000 Variable costs150,000$ ________180,000 Contribution margin88,000$50,000 Fixed costs36,000$ ________35,000 Operating profit$ 52,000$ $ 15,000 The primary reason for high actual operating profits was ________. A) the variable-cost variance B) increased fixed costs C) flexible budget variance for revenues D) lower sales volume than planned Title: The actual information pertains to the third quarter. As part of the budgeting process, the Duck ... Post by: kristinwilliams on Jul 1, 2018 Content hidden
Title: The actual information pertains to the third quarter. As part of the budgeting process, the Duck ... Post by: emily8694 on Jul 1, 2018 Ready for finals now :monkey:
Title: The actual information pertains to the third quarter. As part of the budgeting process, the Duck ... Post by: kristinwilliams on Jul 1, 2018 Good luck my friend!
Title: Re: The actual information pertains to the third quarter. As part of the budgeting process, the Duck ... Post by: mscornelison on Oct 18, 2020 thanks
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