Standard price and variable costs Sales price Materials cost Labor cost Overhead cost. Selling, general, and administrative costs. Planned fixed costs Manufacturing overhead Selling, general, and administrative $ 36.30 8.70 4.10 5.30 6.60 $131,000 46,000 poney planned to make and sell 22,000 copies of the book. equired: - d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget income statement ssuming production volumes of 21,000 and 23,000 units. Determine the sales and variable cost volume variances, assuming volu actually 23,000 units. Indicate whether the variances are favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e. ero variance).)
Standard price and variable costs Sales price Materials cost Labor cost Overhead cost. Selling, general, and administrative costs. Planned fixed costs Manufacturing overhead Selling, general, and administrative $ 36.30 8.70 4.10 5.30 6.60 $131,000 46,000 poney planned to make and sell 22,000 copies of the book. equired: - d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget income statement ssuming production volumes of 21,000 and 23,000 units. Determine the sales and variable cost volume variances, assuming volu actually 23,000 units. Indicate whether the variances are favorable (F) or unfavorable (U). (Select "None" if there is no effect (i.e. ero variance).)
Cornerstones of Cost Management (Cornerstones Series)
4th Edition
ISBN:9781305970663
Author:Don R. Hansen, Maryanne M. Mowen
Publisher:Don R. Hansen, Maryanne M. Mowen
Chapter8: Budgeting For Planning And Control
Section: Chapter Questions
Problem 14CE: Refer to Cornerstone Exercise 8.13. In March, Nashler Company produced 163,200 units and had the...
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