Devin Company has the following data for their budget and actual performance. Master Budget Variance Master budget Actual Sales 153,163 156,097 ? 69,245 Variable Costs 64,012 ? 13,372 11,551 Fixed Costs What is the operating income master budget variance? If it is an unfavorable variance use a negative sign immediately before your answer. Hint: Remember you'll need to calculate budgeted and actual operating income before you can determine the operating income master budget variance.

Devin Company has the following data for their budget and actual performance. Master Budget Variance Master budget Actual Sales 153,163 156,097 ? 69,245 Variable Costs 64,012 ? 13,372 11,551 Fixed Costs What is the operating income master budget variance? If it is an unfavorable variance use a negative sign immediately before your answer. Hint: Remember you'll need to calculate budgeted and actual operating income before you can determine the operating income master budget variance.

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter9: Evaluating Variances From Standard Costs

Section: Chapter Questions

Problem 2CMA: Marten Company has a cost-benefit policy to investigate any variance that is greater than 1,000 or...

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