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The Salt

Autor:   •  September 23, 2017  •  Course Note  •  674 Words (3 Pages)  •  919 Views

Page 1 of 3

11-23:

Data calculate:

a 19 500 × $15.5 = $302, 250       d19 500 × $9.5 = $185, 250

b 19 500 × $18 = $351, 000          e19 500 × $10.5 = $204, 750

c 25 000 × $18 = $450, 000          f25 000 × $10.5 = $262, 500

1). Static – Budget based variance analysis: 【Level 1 Analysis】

Actual

Results

(1)

Static-Budget

Variances

(2) = (1) – (3)

Static

Budget

(3)

Units sold

Revenue

    19, 500

$302, 250a

4, 000 U

$147, 750 U

    25, 000

$450, 000c

Variable costs

185, 250d

   77, 250 F

  262, 500f

Contribution margin

Fixed costs

Operating profit

117, 000

  95, 000

$22, 000[pic 1]

70, 500 U 

    10, 000 F

$60, 500 U

187, 500

  105, 000

$82, 500

                              $60, 500 U

                                                              Total static-budget variance

                                                                                   

2). Flexible – Budget based variance analysis: 【Level 2 Analysis】

Actual

Results

(1)

Flexible-

Budget

Variances

(2) = (1) – (3)

Flexible

Budget

(3)

Sales

Volume

Variances

(4) = (3) – (5)

Static

Budget

(5)

Units sold

19, 500

           0

19, 500

 5, 500 U

 25, 000

Revenue

$302, 250a

$48, 750 U

$351, 000b

$99, 000 U

$450, 000c

Variable costs

185, 250d

19, 500 F

 204, 750e

 57, 750 F

262, 500f

Contribution margin

  117, 000

29, 250 U

  146, 250

41, 250U

  187, 500

Fixed costs

 95, 000

 10, 000 F

105, 000

            0  

105, 000

Operating profit

$22, 000

$19, 250 U

$41, 250

$41, 250 U

$82, 500

                                                           $19, 250 F                    $41, 250 U[pic 2]

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