Solution-Prepare a variance analysis report

Prepare a variance analysis report

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Reference no: EM133034387

Problem - UAQ Company manufactures tables for schools. The 2020 operating budget is based on sales of 20,000 units at $50 per table. Operating income is anticipated to be $60,000. Budgeted variable costs are $32 per unit, while fixed costs total $300,000. Actual income for 2011 was a surprising $134,000 on actual sales of 22,000 units at $52 each. Actual variable costs were $30 per unit and fixed costs totaled $350,000. Prepare a variance analysis report with both flexible-budget and sales-volume variances.

Reference no: EM133034387

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Prepare a variance analysis report

Reference no: EM133034387

Reference no: EM133034387

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