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Deprecated Deprecated
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Posts: 2784
7 years ago
The static budget, at the beginning of the month, for Bob's Deep Sea Fishing Company follows:
Static budget:
Sales volume: 2,000 units; Sales price: $50.00 per unit
Variable costs: $14.00 per unit; Fixed costs: $25,200 per month
Operating income: $46,800

Actual results, at the end of the month, follows:
Actual results:
Sales volume: 1,900 units; Sales price: $59.00 per unit
Variable costs: $16 per unit; Fixed costs: $34,300 per month
Operating income: $47,400

Calculate the flexible budget variance for operating income.
A) $17,100 F
B) $4,200 F
C) $3,600 U
D) $3,600 F
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
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7 years ago
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Deprecated Author
wrote...
7 years ago
This was certainly a tough question, loving the expertise
wrote...
7 years ago
Happy to help Smiling Face with Open Mouth
wrote...
3 years ago
this was helpful
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