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Onxy Onxy
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7 years ago
Ring Corporation used the following data to evaluate their current operating system. The company sells items for $25 each and used a budgeted selling price of $25 per unit.

      Actual   Budgeted
   Units sold   195,000 units   204,000 units
   Variable costs   $1,500,000   $2,000,000
   Fixed costs   $929,500   $890,500

Required:
Compute the static-budget variance of revenues, the static-budget variance of variable costs, and the static-budget variance of operating income.
A) $225,000 U; $500,000 F; $236,000 F
B) $226,000 U; $510,000 F; $237,000 F
C) $225,000 F; $500,000 U; $236,000 U
D) $226,000 F; $500,000 U; $236,000 U
E) $227,000 F; $480,000 F; $239,000 F
Textbook 
Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
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noitulovenoitulove
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4 years ago
THANK YOU!
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