James Manufacturing had the following information available for July: Flexible Actual Budget Results Variance 13,000...

60.1K

Verified Solution

Question

Accounting

imageimage

James Manufacturing had the following information available for July: Flexible Actual Budget Results Variance 13,000 ? $13,000F Sales Flexible Activity Budget Variance ? 2,0000 ? ? Master Budget ? Units Sales revenue Less: Variable manufacturing costs Variable marketing and administrative Contribution margin $87,750 ? $52,000 $91,000 ? $ 3,2500 ? ? $4,000F $6,0000 $105,000 $ 30,000 ? What was James's flexible budget contribution margin for July? Multiple Choice o $52,000. o $45,000. o $39,000. o $58,000

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