The following data are available for the most recent year of operations for Prest Products. The revenue portion of the sales activity variance is $
Master budget based on budgeted sales of units:
Revenue
Materials
Labor
Variable manufacturing overhead and administrative costs
Fixed manufacturing overhead and administrative costs
$
Required:
a How many units were actually sold in the most recent period?
b Prepare a sales activity variance for the most recent year for Prest Products.
Complete this question by entering your answers in the tabs below.
Prepare a sales activity variance for the most recent year for Prest Products. Indicate the effect of each variance by selecting for favorable, or U for unfavorable. If there is no effect, do not select either option.
tableSrest Products,Sales Activity Variance,,,Sales revenue,Flexible Budget,Sales Activity Variance,Master BudgetVariable costs:,,,MaterialsDirect labor,,,Variable manufacturing and administrative,,,Total variable costs,$Contribution margin,$Fixed costs:,,,Manufacturing overhead and administrative,,,Total fixed costs,,,Operating profits,,,
