Flexible Actual Results Flexible-Budget Variances Sales Volume Variances Master Budget Budget Unit sales 120,000 120,000 110,000 Sales $ 600,000 $ 550,000 Variable costs 456,000 330,000 Contribution margin $ 144,000 $ 220,000 Fixed costs 80,000 95,000 Operating income $ 64,000 $ 125,000

Main,do?invoker=&takeAssignmentSessionLocator=&inprogress=false еВook Using the following budgeted information for production of 9,000 and 16,000 units, prepare a flexible budget for 17,000 units. Production 9,000 units 16,000 units Expense A $14,400 $25,600 Expense B 21,000 21,000 Expense C 45,000 #5,000 Total expenses $

C-Cubed had the following results for 2016: Flexible Budget $105,000 $35,000 $15,000 $17,000 Planned Budget $115,000 $25,000 $12,000 $18,000 Actual Results $100,000 $30,000 Revenue Wages & Salaries Office Expenses Other Expenses $11,000 $20,000 Compute the Activity Variance with respect to Other Expenses: Multiple Choice $1.000U $3,000U $3.000F $1,000F

Tanger Company has the following​ data:     Actual Results Static Budget Units 990 700 Sales Revenue $75,240 $37,800 Variable Costs 35,640 18,900 Contribution Margin 39,600 18,900 Fixed Costs 39,000 15,000 Operating​ Income/(Loss) $600 $3,900   What is the static budget variance for operating​ income?   A. $3,300 F   B. $20,700 U   C. $3,300 U   D. $20,700 F

Sales Variances; Flexible-Budget Variance; Review of Chapter 14 Robinson Company hastwo products, A and B. Robinson’s budget for August follows:Master BudgetProduct A Product BSales $240,000 $300,000Variable cost 140,000 180,000Contribution margin $100,000 $120,000Fixed cost 80,000 40,000Operating income $ 20,000 $ 80,000Selling price $ 120 $ 50On September l, these operating results for August were reported:Operating ResultsProduct A Product BSales $180,400 $341,120Variable cost 106,600 216,480Contribution margin $ 73,800 $124,640Fixed cost 80,000 40,000Operating income $ (6,200) $ 84,640Units sold 1,640 6,560Required1. For each product, determine the following variances measured in dollars of contribution margin:a. Flexible-budget variance.b. Sales volume variance.c. Sales quantity variance.d. Sales mix variance.2. Explain the amount of the flexible-budget variance using the amounts of the selling price and variablecost variances.

1. Prepare a Level 2 Variance Analysis and answer the following questions. Actual Results Static Budget 1,020 units 1,000 units Units Revenues Total Var Cost Total Contr Margin Fixed Cost a. b. asup C. d. e. f. 100 woll $110,160 $ 74,460 $100,000 $ 70,000 Iban Mato Xmaldor $ 19,600 Operating Income $ 16,100 $ 10,000 shot Describe precisely the meaning of the following variances from this Performance Report: Flexible Budget Variance for Revenues palodi sat osup a'lood pl BV smi vispicyng pors $ 20,000 Flexible Budget Variance for Tot Variable Cost Flexible Budget Variance for Fixed Cost Sales Volume Variance for Revenues Sales Volume Variance for Tot Variable Cost Sales Volume Variance for Fixed Cost B

Master Budget Flexible Budget Actual Results Revenue      $50,000 $55,000 $45,000   Variable costs $20,000 $22,000 $20,000 Contribution margin  $30,000 $33,000 $25,000   Fixed costs $  7,000 $  7,000 $  5,500 Profit $23,000 $26,000 $19,500 Using the information above, compute total profit variance:   $5,000 Unfavorable   $5,000 Favorable   $3,500 Unfavorable   $3,500 Favorable

Budgeted sales OMR 60000; Actual sales OMR 75000; then the variance will be: O a. OMR 15000 Unfavorable of O b. OMR 15000 Favorable O C. Some other answer O d. OMR 60000 Favorable page

The level 2 variance analysis table is shown here: Actual Results Flexible Variances Flexible Budget Volume Variances Sales-Static Units sold Sales Variable costs Contribution margin Fixed costs Operating income When complete the table values for E and F are O $76,000 U and $220,000 U 46,000 $2,760,000 1,564,000 $1,196,000 627,000 44,000 $2,475,000 1,540,000 $900,000 660,000 $240,000 A B. D. G $309,000 F Y and O $276,000 U and $20,000 U O $76,000 F and $220,000 F $276,000 Fand $20,000 F O O O

Master Budget Flexible Budget Actual Results Revenue         $50,000 $55,000 $45,000     Variable costs $20,000 $22,000 $20,000 Contribution margin  $30,000 $33,000 $25,000     Fixed costs $  7,000 $  7,000 $  5,500 Profit $23,000 $26,000 $19,500 Using the information above, compute revenue variance:   $6,500 Unfavorable   $6,500 Favorable   $10,000 Unfavorable   $10,000 Favorable