Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. dallas company manufactures desks for schools. the

Dallas Company manufactures desks for schools. The current year operating budget is based on sales...

90.2K

Verified Solution

Question

Accounting

Dallas Company manufactures desks for schools. The current year operating budget is based on sales of 20,000 units at $100 per table. Operating income is anticipated to be $160,000. Budgeted variable costs are $62 per unit while fixed costs total $600,000. Actual income for the year was $354,000 on actual sales of 21,000 units. Actual variable costs were $60 per unit and fixed costs totaled $570,000. REQUIRED: Prepare a variance analysis report with both flexible budget and sales-volume variances.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Suppose that the populations of Mexico and India both increase by 11 million people inone...

Calculus
1.2K views

Let h(y) =- ?YDetermine the value(s) of y, if any, for which h has a...

Calculus
1.2K views

Use a graphing calculator to evaluate A A 3 4 3 8 1 3 4...

Calculus
1.2K views

19 22 Express the limit as a definite integral on the given interval exi n11...

Algebra
1.2K views

If 10 000 is invested in an account earning 5 2 interest compounded continuousl determine...

Algebra
1.2K views

A Igebra 1 2 9 6 y x 3

Accounting
1.2K views

This month, Will is expecting rent expense of $3,000, cost of goods sold expense of...

Accounting
1.2K views

Problem 7-4 (Part Level Submission) From inception of operations to December 31, 2017, Blue Corporation...

Accounting
1.2K views

Which of the following is not a financial statement? Income statement Balance...

Accounting
1.2K views

Required intormation [The following information applies to the questions displayed below.] Golden Corporation's current year...

Accounting
1.2K views

The Federal False Claims Act: a. Establishes special measures of fraud for use in cases...

Accounting
1.2K views

Pretzelmania, Inc., issues 7%, 15-year bonds with a face amount of $54,000 for $59,245 on...