Solution-What the actual amount of operating income earned

What the actual amount of operating income earned in sept

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In September, Larson Inc. sold 50,000 units of its only product for $317,000 and incurred a total cost of $295,000, of which $32,000 was fixed costs. The flexible budget for September showed total sales of $370,000. Among variances of the period were: total variable cost flexible-budget variance, $8,000U; total flexible-budget variance, $77,000U; and, sales volume variance, in terms of contribution margin, $34,000U.

Problem 1: The actual amount of operating income earned in September, to the nearest dollar, was

Reference no: EM132740439

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What the actual amount of operating income earned in sept

Reference no: EM132740439

Reference no: EM132740439

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