Reference no: EM132749675
Question: The Ace Company sells a single product at a budgeted selling price per unit of $30. Budgeted fixed manufacturing costs for the coming period are $12,000, while budgeted fixed marketing expenses for the period are $25,000. Budgeted variable costs per unit include $4 of selling expenses (commission) and $6 of manufacturing costs. What is the budgeted operating income if the anticipated sales volume for the period is
(1) 10,200 units
(2) 15,200 units
Davidson Corp. produces a single product: fireproof safety deposit boxes for home use. The budget going into the current year anticipated a selling price of $72 per unit. Because of competitive pressures, the company had to cut selling prices by 5% during the year. Budgeted variable costs per unit are $49, and budgeted total fixed costs are $164,500 for the year. Anticipated sales volume for the year was 18,500 units. Actual sales volume was 10% less than budget.
(1) What was the sales price variance for the year?
(2) Label this variance F (favorable) or U (unfavorable), as appropriate
Chapman Inc. sells a single product, Zud, which has a budgeted selling price of $38 per unit and a budgeted variable cost of $26 per unit. Budgeted fixed costs for the year amount to $52,000. Actual sales volume for the year (61,000 units) fell 10,000 units short of budgeted sales volume. Actual fixed costs were $53,000. With everything else held constant, what impact did the shortfall in volume have on profitability for the year?
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What was the sales price variance for the year
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