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Selected data for March for Irvington, Incorporated follows. The variable material sales activity variance is $21,690 U.
Flexible budget based on actual sales of 9,763 units: | |
Revenue | $ 283,040 |
Materials | 93,990 |
Labor | 74,100 |
Variable overhead | 47,060 |
Fixed costs (manufacturing and administrative) | 40,820 |
Required:
How many units were budgeted for March in the master budget?
Recreate the master budget for March
Answer & Explanation
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