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What are the respective flexible-budget revenues

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Question - Ryan Company manufacturers TVs. Some of the company's data was misplaced. Use the following information to replace the lost data:

Analysis

Actual  Results

Flexible Variances

Flexible Budget

Sales-Volume Variances

Static Budget

Units Sold

112,500

112,500

103,125

Revenues

$42,080

$1,500 F

(A)

$1,700 U

(B)

Variable Costs

(C)

$250 U

$15,860

$2,340 F

$18,200

Fixed Costs

$8,280

$860 F

$9,140

$9,140

Operating Income

$17,690

(D)

$16,580

(E)

$14,940

Required:

a. What are the respective flexible-budget revenues (A)?

b. What are the static-budget revenues (B)?

c. What are the actual variable costs (C)?

d. What is the total flexible-budget variance (D)?

e. What is the total sales-volume variance (E)?

f. What is the total static-budget variance?

Reference no: EM132077941

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