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Title: The actual information pertains to the month of September. As part of the budgeting process, Kriger Post by: jerico on Mar 13, 2015 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.
Actual Flexible Static Results Budget Budget Sales volume (in units) 10,000 12,500 Sales revenues $500,000 $ $625,000 Variable costs 256,000 $ ________ 300,000 Contribution margin 244,000 $ 325,000 Fixed costs 229,000 $ ________ 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: Re: The actual information pertains to the month of September. As part of the budgeting process, Kri Post by: cyborg on Mar 19, 2015 Content hidden
Title: Re: The actual information pertains to the month of September. As part of the budgeting process, Kriger Post by: jerico on Mar 23, 2015 This solved my problem perfectly, thank you for your kind input.
Title: Re: The actual information pertains to the month of September. As part of the budgeting process, Kriger Post by: cyborg on Mar 23, 2015 ;D
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