Business, 15.04.2021 16:50 zoeycrew

sold 41,000 units of its only product for $350,000, and incurred a total cost of $325,000, of which $35,000 was fixed costs. The flexible budget for September showed total sales of $400,000. Among variances for the period were: total variable cost flexible-budget variance, $8,900U; total flexible-budget variance, $83,000U; and, sales volume variance, in terms of contribution margin, $37,000U. The master budget operating income for September, to the nearest dollar, was:

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sold 41,000 units of its only product for $350,000, and incurred a total cost of $325,000, of which...

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