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Nicholals Company manufactures TVs. Some of the company's data

Nicholals Company manufactures TVs.   Some of the company's data was misplaced.  
Use the following information to replace the lost data.
F-Favorable & U-Unfavorable
Analysis

Actual
Results
Flexible
Variances
Flexible
Budget
Sales
Volume
Variances
Static
Budget
Units Sold
112,500

112,500

103,125
Revenues
$42,080
$1,000(F)
(A)?
$1,400(U)
(B)?
Variable Costs
(C ?
$200(U)
$15,860
$2,340(F)
$18,200
Fixed Costs
$8,280
$860(F)
$9,140

$9,140
Operating Income
$17,740
(D)?
$16,080
(E)?
$15,140
NEED A through F







A.) What are the respective flexible-budget revenues for A?
B.) What are the static-budget revenues for B?
C.) What are the actual variable costs for C?
D.) What is the total flexible-budget variance for D?
E.) What is the total sales-volume variance for E?
F.) What is the total static-budget variance?


TUTORIAL PREVIEW
A.)  What are the respective flexible-budget revenues for A?
Flexible budget variance = Actual results – Flexible Budget amounts

1,000 (F) = 42,080 – Flexible Budget amounts

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