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Home Q & A Board Other Fields Homework Help Business Accounting
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7 years ago
The static budget, at the beginning of the month, for Assembly Furniture Company follows:
Static budget:
Sales volume: 1,100 units; Sales price: $71.00 per unit
Variable costs: $33.00 per unit; Fixed costs: $36,400 per month
Operating income: $5,400

Actual results, at the end of the month, follows:
Actual results:
Sales volume: 980 units; Sales price: $75.00 per unit
Variable costs: $36.00 per unit; Fixed costs: $33,500 per month
Operating income: $4,720
Calculate the sales volume variance for fixed costs.
A) $4,560 U
B) $0
C) $2,900 F
D) $2,940 U
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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TanksTanks
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Deprecated Author
wrote...
#2
7 years ago
This was certainly a tough question, loving the expertise
wrote...
#3
3 years ago
Thanks!
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