ProNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $140 for each connector and fixed costs per month. ProNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 80 connectors at a total cost of $28,000. ProNet's sales volume variance for total costs is OA. $7,300 U. OB. $2,800 F. OC. $7,300 F. OD. $2,800 U. CID
ProNet Systems is a start-up company that makes connectors for high-speed Internet connections. The company has budgeted variable costs of $140 for each connector and fixed costs per month. ProNet's static budget predicted production and sales of 100 connectors in August, but the company actually produced and sold only 80 connectors at a total cost of $28,000. ProNet's sales volume variance for total costs is OA. $7,300 U. OB. $2,800 F. OC. $7,300 F. OD. $2,800 U. CID
Chapter8: Standard Costs And Variances
Section: Chapter Questions
Problem 5PA: Ed Co. manufactures two types of O rings, large and small. Both rings use the same material but...
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