Test question 6

Test question 6 - (12,000) F 300,000 4 Fixed Costs 400,000...

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Income Statement Performance Report Actual Flexible Flexible Budget Sales Static Results at Budget for Actual # of Volume (Master) Actual Prices Variance Output Units Variance Budget Output units 72,000 0 72,000 (3,000) U 75,000 Price/unit Sales revenue 1,008,000 144,000 F 864,000 (36,000) U 900,000 12 Variable Costs 342,000 54,000 U 288,000
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Unformatted text preview: (12,000) F 300,000 4 Fixed Costs 400,000 25,000 U 375,000 0 U 375,000 5 Total Costs 742,000 79,000 U 663,000 (12,000) F 675,000 Operating income 266,000 65,000 F 201,000 (24,000) U 225,000 Flexible Budget Variance, Sales Volume Variance 65,000 (24,000) Static Budget Variance (41,000) U...
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