Solution-What is the static-budget variance of? revenues

What is the static-budget variance of? revenues

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Reference no: EM133108415

Question 1 - Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for? $19 each and used a budgeted selling price of? $19 per unit.

	Actual	Budgeted
Units sold	? 48,000 units	?39,000 units
Variable costs	?$167,000	?$152,000
Fixed costs	?$41,000	?$50,000

What is the static-budget variance of? revenues?

Question 2 - Castleton Corporation manufactured? 41,000 units during March. The following fixed overhead data relates to? March:

	Actual	Budgeted
Production	?41,000 units	?39,000 units
?Machine-hours	?6,020 hours	?5,850 hours
Fixed overhead costs for March	?$125,500	?$117,000

What is the amount of fixed overhead allocated to? production?

Reference no: EM133108415

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What is the static-budget variance of? revenues : The company sells items for? $19 each and used a budgeted selling price of? $19 per unit. What is the static-budget variance of? revenues

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What is the static-budget variance of? revenues

Reference no: EM133108415

Reference no: EM133108415

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