Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Accounting
New Topic  
Deprecated Deprecated
wrote...
Go to Answer
Posts: 2784
Rep: 104 0
7 years ago
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.
A) $3,800 U
B) $4,350 U
C) $26,600 F
D) $30,400 U
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
Read 306 times
5 Replies
Replies
Answer verified by a subject expert
Mrgo-breedMrgo-breed
wrote...
#1
Top Poster
Posts: 2227
Rep: 276 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Deprecated Author
wrote...
#2
7 years ago
Will mark this subject solved, thanks
wrote...
#3
7 years ago
I'm liking this Slight Smile
wrote...
#4
3 years ago
thank you
wrote...
#5
3 years ago
....
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1267 People Browsing
 125 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 253
  
 912
  
 241
Your Opinion
Previous poll results: How often do you eat-out per week?