What is the static-budget variance of? revenues

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Question 1 - Lincoln Corporation used the following data to evaluate their current operating system. The company sells items for? $19 each and used a budgeted selling price of? $19 per unit.

 

Actual

Budgeted

Units sold

? 48,000 units

?39,000 units

Variable costs

?$167,000

?$152,000

Fixed costs

?$41,000

?$50,000

What is the static-budget variance of? revenues?

Question 2 - Castleton Corporation manufactured? 41,000 units during March. The following fixed overhead data relates to? March:

 

Actual

Budgeted

Production

?41,000 units

?39,000 units

?Machine-hours

?6,020 hours

?5,850 hours

Fixed overhead costs for March

?$125,500

?$117,000

What is the amount of fixed overhead allocated to? production?

Reference no: EM133108415

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