Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. narcisco publications established the following st

Narcisco Publications established the following standard price and costs for a hardcover picture book that...

80.2K

Verified Solution

Question

Accounting

image
image
image
Narcisco Publications established the following standard price and costs for a hardcover picture book that the company produces: Narcisco planned to make and sell 30,000 copies of the book. Required a. to d. Prepare the pro forma income statement that would appear in the master budget and also flexible budget income statements, assuming production volumes of 29,000 and 31,000 units. Determine the sales and variable cost volume variances, assuming volume is actually 31,000 units. Indicate whether the variances are favorable or unfavorable. Note: Select "None" if there is no effect (i.e., zero variance). \begin{tabular}{|c|c|c|} \hline & Master Budget & Flexible B \\ \hline Number of units & 30,000 & 29,000 \\ \hline & & \\ \hline \multicolumn{3}{|c|}{ Variable manufacturing costs } \\ \hline & 7 & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline & & \\ \hline \multicolumn{3}{|l|}{ Fixed costs } \\ \hline - & & \\ \hline & & \\ \hline & & \\ \hline \end{tabular}

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

Geometry
1.2K views

Find the rectangular coordinates of the point 9 150 The rectangular coordinates of the point...

Finance
1.2K views

home / study / business / finance / finance questions and answers / in this case...

Advance Math
1.2K views

The quantity demanded x of a certain brand of DVD player is 3000/week when the unit...

Programming
1.2K views

What is Windows boot process? What is boot setup? What does the BIOS do during boot up? What...

Biology
1.2K views

5 out of 5 points How can Humans get over 80 000 different mRNA sequences...

Physics
1.2K views

of 10cm Find the total momentum delivered during 10 minutes time span 6 A thin...

Geometry
1.2K views

Determine the remaining sides and angles of the triangle ABC A 22 62 B 36...

Basic Math
1.2K views

Divide:4x-43x+21 / (x - 3)4x + 12x - 74x - 31x + (-72 / x...

Accounting
1.2K views

Which item does not belong in this list: Accounting for direct investment in an IS...

Accounting
1.2K views

On January 14, Tamarisk Corporation purchased 20,11%, $960 Eiger Company bonds for $19,584. On November...

Accounting
1.2K views

Becker industries is considering investing in new navigation system equipment for it trucking fleet. ...

Accounting
1.2K views

Marlborough Gate Company purchased two trucks on June 30, 2017 for $40,000, Using the straight...