The Fortise Corp. manufactures two types of vacuum cleaners, the Victor for commercial building use...
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Accounting
The Fortise Corp. manufactures two types of vacuum cleaners, the Victor for commercial building use and the Housemate for residences. Budgeted and actual operating data for the year 2022 were as follows: REQUIRED: (Show your detailed calculations.) A. What is the total static-budget variance in terms of the contribution margin? a. $900,000 favorable b. $850,000 favorable c. $250,000 unfavorable d. $450,000 unfavorable e. None of the above B. What is the total flexible-budget variance in terms of the contribution margin? a. $900,000 favorable b. $850,000 favorable c. $320,000 unfavorable d. $360,000 unfavorable e. None of the above

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