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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 Keats Company follows:
Static budget:
Sales volume: 2,100 units; Sales price: $52.00 per unit
Variable costs: $12.00 per unit; Fixed costs: $26,000 per month
Operating income: $58,000

Actual results, at the end of the month, follows:
Actual results:
Sales volume: 1,850 units; Sales price: $59.00 per unit
Variable costs: $18.00 per unit; Fixed cost: $37,000 per month
Operating income: $38,850

Calculate the sales volume variance for operating income.
A) $250 F
B) $10,000 F
C) $9,150 U
D) $10,000 U
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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Deprecated Author
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#2
7 years ago
Makes perfect sense, thx
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