Reference no: EM132581364

The Sia Company manufacturers laptops. Some of the company's data was misplaced. Use the following information to replace the lost data:

                                                Actual                   Flexible              Flexible            Sales Volume           Static

                                            Results                     Variances                Budget        Variance                Budget

Units Sold                       500                                                     500                                    450

Revenues                       (A)                          $5,000 F                 $190,000         (B)         $171,000

Variable Costs               $147,500                   $2,500 F                   (C)             $15,000 U    $135,000

Fixed Costs                    $25,000                      (D)                     $20,000            $20,000

Operating Income                $22,500                 $2,500 F              $20,000               (E)           $16,000

Required:

Question a. What are the actual revenues (A)?

Question b. What is the sales-volume revenue variance (B)?

Question c. What are the flexible budget variable costs (C)?

Question d. What is the flexible-budget fixed cost variance (D)?

Question e. What is the sales-volume operating income variance (E)?