Find the values of the missing items. Assume that the actual sales volume equals actual...
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Accounting
Find the values of the missing items. Assume that the actual sales volume equals actual production volume. (There are no inventory level changes.) (Do not round intermediate calculations. 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 Variable manufacturing costs Variable marketing and administrative costs Contribution margin Reported Income Statement (2,250 units) Manufacturing Variance Marketing and Administrative Variance Sales Price Variance $ 117,000 Flexible Budget (2,250 units) $ 121,500 Master Sales Activity Variance Budget(2, units) $ 3,600 F 2,280 F 14 $ 74,400
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