https://utpb.instructure.com/courses/5040/quizzes/19041/take le One Net MyUTPB I

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https://utpb.instructure.com/courses/5040/quizzes/19041/take le One Net MyUTPB I Student Activi M McGraw-Hill Conneci Mail - delgado s069 caf 2014 pdf cableonecareers ZENITH for commercial building use and the House-Helper for residences. Budgeted and actual operating data for the year 20X5 are as follows: ZENITH 23,000 80,000 Number sold Contribution margin $4,600,000 $24,000,000 103,000 $28,600,000 Actual ResultsZENITH Number sold Contribution margin $4,500,000 $30,000,000 a. Calculate the contribution margin for the flexible budget. 60,000 90,000 $34,500,000 30,000 ZENITH: ? House-Helper:? Flex-Budget Contribution Margin -? b. Determine the total static-budget variance, the total flexible-budget variance, and the total sales-volume variance in terms of the contribution margin. Static Budget Variance-? Flex-Budget Variance - ? Sales-Volume Variance ? 1 ^ 23905-18S867-.jpg 2528734 3-185867 ipg ^ Type here to search

Explanation / Answer

A / 1 B C D E 2 a)Flexible budget contribution margin 3 Zenith= Actual Rate * Static budgeted qty 4 Actual : 5 Qty sold 30000 6 Contribution margin $4,500,000 7 Contribution margin per unit $150.00 8 Static Budget: 9 Qty sold 23000 10 Contribution margin $4,600,000 11 Contribution margin per unit $200.00 12 13 Therefore flexible budget contribution margin= $6,000,000 =C5*C11 14 House-Helper Actual Rate * Static budgeted qty 15 Actual : 16 Qty sold 60000 17 Contribution margin $30,000,000 18 Contribution margin per unit $500.00 19 Static Budget: 20 Qty sold 80000 21 Contribution margin $24,000,000 22 Contribution margin per unit $300.00 23 24 Therefore flexible budget contribution margin= $18,000,000 =C16*C22 25 26 b) 27 total Static budget variance in contribution 28 Zenith $100,000 U =ABS(C10-C6) 29 House-helper $6,000,000 F =ABS(C21-C17) 30 Flexiblebudget variance in contribution 31 Zenith $1,500,000 U =ABS(C13-C6) 32 House-helper $12,000,000 F =ABS(C24-C17) 33 Sales Volume variance 34 Zenith $1,400,000 F =ABS(C13-C10) 35 House-helper $6,000,000 U =ABS(C24-C21)

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