The master budget at Monroe Manufacturing last period called for sales of 42,400 units at $46 each. The costs were estimated to be $30 variable per unit and $528,000 fixed. During the period, actual production and actual sales were 45,400 units. The selling price was $45 per unit. Variable costs were $32 per unit. Actual fixed costs were $519,000. Required: Prepare a sales activity variance analysis.. Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Sales revenue Less: Variable costs Monroe Manufacturing Sales Activity Variance Flexible Budget Sales Activity Variance Master Budget Contribution margin $ Less: Fixed costs Operating profits $ $ 0

The master budget at Monroe Manufacturing last period called for sales of 42,400 units at $46 each. The costs were estimated to be $30 variable per unit and $528,000 fixed. During the period, actual production and actual sales were 45,400 units. The selling price was $45 per unit. Variable costs were $32 per unit. Actual fixed costs were $519,000. Required: Prepare a sales activity variance analysis.. Note: Indicate the effect of each variance by selecting "F" for favorable, or "U" for unfavorable. If there is no effect, do not select either option. Sales revenue Less: Variable costs Monroe Manufacturing Sales Activity Variance Flexible Budget Sales Activity Variance Master Budget Contribution margin $ Less: Fixed costs Operating profits $ $ 0

Managerial Accounting

15th Edition

ISBN:9781337912020

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

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

Chapter6: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 1CMA: Taylor Corporation is analyzing the cost behavior of three cost items, A, B, and C, to budget for...

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