In September, Numbers Incorporated sold 48,000 units of its only product for $372,000,...

90.2K

Verified Solution

Question

Accounting

In September, Numbers Incorporated sold 48,000 units of its only product for $372,000, and incurred a total cost of $345,000, of which $37,000 was fixed costs. The flexible budget for September showed total sales of $420,000. Among variances of the period were: total variable cost flexible-budget variance, $8,000U; total flexible-budget variance, $72,000U; and, sales volume variance, in terms of contribution margin, $39,000U.

The sales volume variance, in terms of operating income, for September was:

Multiple Choice

$39,000 unfavorable.

$95,000 unfavorable.

$33,000 unfavorable.

$20,000 unfavorable.

$126,000 unfavorable.

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