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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 Onyx Décor Company, follows:
Static budget:
Sales volume: 1,000 units; Sales price: $70.00 per unit
Variable costs: $32.00 per unit; Fixed costs: $37,900 per month
Operating income: $100

Actual results, at the end of the month, follows:
Actual results:
Sales volume: 970 units; Sales price: $74.00 per unit
Variable costs: $35.00 per unit; Fixed costs: $34,400 per month
Operating income: $3,430

Calculate the flexible budget variance for sales revenue.
A) $3,880 F
B) $3,880 U
C) $4,470 F
D) $4,470 U
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
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#2
7 years ago
This was certainly a tough question, loving the expertise
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#3
7 years ago
Happy to help Smiling Face with Open Mouth
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#4
4 years ago
Thank you!
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#5
3 years ago
thank you
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