Reference no: EM132986865
The following data is for the month of June for the Sylvie Co.
Master Budget: Sales of $8,000,000, variable cost of $4,000,000, and fixed cost of $2,000,000 and there were 500,000 units of budgeted sales .
Actual Results: Sales $9,000,000, variable cost $6,000,000 , fixed cost $2,500,000 and 450,000 of actual units sold.
Required:
Problem 1: Calculate the sales activity and flexible budget variances for the month of June