|
Title: The static budget, at the beginning of the month, for Redwyne Company follows: Static ... Post by: seosve24 on Jun 15, 2017 The static budget, at the beginning of the month, for Redwyne Company follows:
Static budget: Sales volume: 2,000 units; Sales price: $50.00 per unit Variable costs: $14.00 per unit; Fixed costs: $25,000 per month Operating income: $47,000 Actual results, at the end of the month, follows: Actual results: Sales volume: 1,900 units; Sales price: $58.50 per unit Variable costs: $16.00 per unit; Fixed costs: $33,000 per month Operating income: $47,750 Calculate the flexible budget variance for variable costs. Title: Re: The static budget, at the beginning of the month, for Redwyne Company follows: ... Post by: bio_man on Jun 15, 2017 I found a similar question and the way to answer it is shown below (question in attachment):
The flexible budget variance for variable costs=($14-$16.50)*1,800=$4,500 U Also, refer to: https://biology-forums.com/index.php?topic=468290.0 |