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In: Accounting

Selasa Simint Inc. manufactures monster figures and has the following data for its operations for the...

Selasa Simint Inc. manufactures monster figures and has the following data for its operations for the year that just completed

Sales price variance is $3000F

Master Budget(Static) Actual Results Flexible Budget Flexible Budget Variance
Units 1200 1500 ?? ??
Sales Rev ?? $93000 ?? ??
Variable Cost $50000 A ?? ??
Contirbution Margin ?? B ?? $1500 U
Fixed Cost ?? ?? $5000 ??
Operating Income ?? 7500 ?? C

1) Calculate A,B,C

2) Calculate the missing parts (The question Marks)

3) Caculate Sales Volume Variance

Please explain all calculations you do as I do not understand

Thank You

Solutions

Expert Solution

ekkarill92 answered 2 years ago
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