The Crockery Pottery Company completed the flexible budget analysis for the second quarter, which is given below.
Actual Flexible Budget Flexible Sales Volume Static
Results Variance Budget Variance Budget
Units 12,840 0 12,840 940 F 11,900
Sales Revenue $62,770 $ 2,023U $ 64,793 $ 4,743F $ 60,050
Variable Costs 27,560 315 U 27,245 $ 1,995 U 25,250
Contribution
Margin $ 35,210 $ 2,338 U $ 37,548 $ 2,748 F $ 34,800
Fixed Costs 34,210 170 U 34,040 $ 0 34,040
Operating Income
/ (Loss) $ 1,000 $ 2,508 U $ 3,508 $ 2,748 F $ 760
Which of the following would be a correct factor to explain the sales volume variance for sales revenue?
A. increase in sales volume
B. increase in variable cost per unit
C. increase in sales price per unit
D. increase in fixed costs
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The Crockery Pottery Company completed the flexible budget analysis for the second quarter, which is given below. Actual Flexible Budget ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The mickey and mouse cat food factory runs an aggressive marketing campaign and much to the? delight, orders surge to twice their previous level. if their operations manager uses an eoq? policy, what is the impact on the order? quantity?
Answers (1)
A client is admitted to the hospital with weakness in the right extremities, and speech that is slightly slurred. A diagnosis of brain attack (cerebrovascular accident, CVA) is suspected.
Answers (1)
On August 1, Year 1 Gomez Company borrowed $48,000 cash. The one-year note carried a 5% rate of interest.
Answers (1)
Staffing historically was defined primarily in terms of what? Select one: a. Hiring minorities to meet legal requirements b. Treating people as valuable resources in need of nurturing c. Planning, acquisition, and development of people d.
Answers (1)
Stagflation is a rise in the general level of prices of goods and services. Question 12 options: True False
Answers (2)
New Questions in Business
Transactional leadership encompasses all but one of the following. Which one? A. Goal settingB. Social interactionC. Monitoring progress toward goal achievementD. Giving feedbackE. Administering discipline
Answers (1)
Average fixed costs for a given level of output can be determined graphically by: A. summing the marginal costs of any number of units of output and dividing the sum by that output. B. the vertical distance between TC and TVC. C.
Answers (1)
Ed moura has 60000 invested in stocks paying 7%. how much additional money should he invest in certificates of deposit paying 3% so that the average retrun on the two investments is 4%.
Answers (1)
On January 1, Whispering Winds Corp. had 90,000 shares of no-par common stock issued and outstanding. The stock has a stated value of $5 per share. During the year, the following occurred. Apr.
Answers (1)
On a 3-day fishing trip, 4 adults consumed food costing $60. for the same costs per person per day, what would be the cost of food consumed by 7 adults during a 5-day fishing trip?
Answers (1)