emporary furniture manufactures office desks. The firm budgeted to sell 5,000 desks st 6 Budgeted...
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emporary furniture manufactures office desks. The firm budgeted to sell 5,000 desks st 6 Budgeted costs include S80 variable cost per desk, and S200,000 fixed eayar i oually sold 6,000 desks at 5190, and incurred $78 variable cost per desk and $220,00 Required Prepare a variance analysis report identifying both flexible budget and sales-volume variances. $200 per desk in per desk and $220,000 fixed cost for the year. costiyear. In 2016 the company component variances as (F) (favorable) or (U) (unfavorable). Label all Actual Flexible Sales Volume F or U BudgetVariance Master Budget Flexible F or U Results 6,000 1,140,000 2 Budget Variance Units Sold 6,000 1.000F5,000 Sales Revenue $1,000,000 $400,000 Total Variable Costs $600,000 Contribution? Margin $200,000 Total Fixed? Costs $400,000 Operating? Income
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