Nicholals Company manufactures TVs. Some of the company's data was misplaced.
Use the following information to replace the lost data.
ACC350 Final_Part_1,
Nicholals Company manufactures TVs. Some of the company's data was misplaced.
Use the following information to replace the lost data.
F-Favorable & U-Unfavorable
Analysis | Actual Results | Flexible Variances | Flexible Budget | Sales Volume Variances | Static Budget |
Units Sold | 112,500 | 112,500 | 103,125 | ||
Revenues | $42,080 | $1,000(F) | (A)? | $1,400(U) | (B)? |
Variable Costs | (C ? | $200(U) | $15,860 | $2,340(F) | $18,200 |
Fixed Costs | $8,280 | $860(F) | $9,140 | $9,140 | |
Operating Income | $17,740 | (D)? | $16,080 | (E)? | $15,140 |
NEED A through F |
A.) What are the respective flexible-budget revenues for A?
B.) What are the static-budget revenues for B?
C.) What are the actual variable costs for C?
D.) What is the total flexible-budget variance for D?
E.) What is the total sales-volume variance for E?
F.) What is the total static-budget variance?
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