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Problem Set 2-table - 138320 140000 134960 133280 Actual...

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Month Budgeted Sales Cost of Good Sold Ending Inventory Level June 68000 44200 18000 July 72000 46800 18500 August 74000 48100 19000 September 76000 49400 19500 October 78000 50700
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Beginning Inventory Purchase Budget 18000 47300 18500 48600 19000 49900
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April May June July Budgeted Sales 154000 160000 142000 136000 Operating Expense Budget: Cash Disbursements for expenses: Wages 28600 28600 28600 28600 Advertising 27200 27200 27200 27200 Rent 20400 20400 20400 20400 Freight-out 30800 32000 28400 27200 Other 12320 12800 11360 10880 Total Cash disbursements for expenses: 119320 121000 115960 114280 Noncash Expenses: Depreciation 19000 19000 19000 19000 Total operating expenses
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Unformatted text preview: 138320 140000 134960 133280 Actual budget Static budget Sales 835200 810000 Variable Cost 691200 621000 Fixed Cost 109,200 108000 Operating income 34,800 81,000 Total sale-activity variances 54000 Total flexibal budget variances 70,200 Actual budget Static budget variance Finished units produced: 500 Material cost 107300 120000-12700 Direct labor cost 24500 22500 2000 Variable overhead costs 20570 20000 570 Favorable/Unfavorable Favorable Unfavorable Unfavorable month expected sales...
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