The master budget at Cherrylawn Corporation at the beginning of the year was based on sales of units with revenues of $ Total variable costs were budgeted at $ and fixed costs at $ During the period, actual production and actual sales were units. The actual revenues were $ Actual variable costs were $ per unit. Actual fixed costs were $
Required:
Prepare a sales activity variance analysis.
Note: Indicate the effect of each variance by selecting F for favorable, or U for unfavorable. If there is no effect, do not select either option.
tableCherrylawn CorporationSales Activity VarianceFlexible Budget,Sales Activity Variance,Master BudgetSales revenueLess:Variable costsContribution marginLess:Fixed costsOperating profits,,,
