Please do not give solution in image format thanku Problem 15-20A (Algo) Determining sales and variable cost volume variances LO 15-2, 15-3, 15-4Campbell Publications established the following standard price and costs for a hardcover picture book that the companyproduces.Standard price and variable costsSales priceMaterials costLabor costOverhead costSelling, general, and administrative costsPlanned fixed costsManufacturing overheadSelling, general, and administrativeNumber of unitsVariable manufacturing costs$36.50Fixed costs8.903.606.30Campbell planned to make and sell 40,000 copies of the book.Required:a. - d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget incomestatements, assuming production volumes of 39,000 and 41,000 units. Determine the sales and variable cost volumevariances, assuming volume is actually 41,000 units. Indicate whether the variances are favorable (F) or unfavorable (U).(Select "None" if there is no effect (i.e., zero variance).)6.40$ 133,00047,000Master Budget Flexible Budgets Volume Variances40,00039,00041,000

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Description: Please do not give solution in image format thanku Problem 15-20A (Algo) Determining sales and variable cost volume variances LO 15-2, 15-3, 15-4Campbell Publications established the following standard price and costs for a hardcover picture book tha

Volume Variance -The difference between the amount sold or eaten in real-time and the amount…

Business

Accounting

Problem 15-20A (Algo) Determining sales and variable cost volume variances LO 15-2, 15-3, 15-4 Campbell Publications established the following standard price and costs for a hardcover picture book that th produces. Standard price and variable costs Sales price Materials cost Labor cost $36.50 8.90 3.60

Problem 15-20A (Algo) Determining sales and variable cost volume variances LO 15-2, 15-3, 15-4 Campbell Publications established the following standard price and costs for a hardcover picture book that th produces. Standard price and variable costs Sales price Materials cost Labor cost $36.50 8.90 3.60

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead

Section: Chapter Questions

Problem 6E: Computing materials variances D-List Calendar Co. specializes in manufacturing calendars that depict...

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