CoursHeroTranscribedText: In September, Larson Inc. sold 45,000 units of its only product for $438,000, and...
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CoursHeroTranscribedText: In September, Larson Inc. sold 45,000 units of its only product for $438,000, and incurred a total cost of $405,000, of which $43,000 was fixed costs. The flexible budget for September showed total sales of $480,000. Among variances of the period were: total variable cost flexible-budget variance, $8000U; total flexible-budget variance, $75,000U; and, sales volume variance, in terms of contribution margin, $45,000U. The sales volume variance, in terms of operating income, for September (to the nearest dollar) was: $45,000 unfavorable. $141,000 unfavorable. $30,000 unfavorable. $98,000 unfavorable. $20,000 unfavorable
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