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Answer the Following Questions Using the Information Below:
Some of Bondi

Question 62

Multiple Choice

Answer the following questions using the information below:
Some of Bondi Appliances financial data has been misplaced.Use the following information to replace the lost data:
 Actual  Flexible-Budget  Flexible  Sales-Volume  Static  Results  Variances  Budget  Variances  Budget  Units sold 225000225000206250 Revenues $84160$2000 F (A)  $2800U(B)  Variable costs  (C)  $400U$31720$4680 F$36400 Fixed costs $16560$1720 F$182800$18280 Operating  profit $354 (D)  332160 (E)  $20280\begin{array}{|c|c|c|c|c|c|}\hline &\text { Actual } & \text { Flexible-Budget } & \text { Flexible } & \text { Sales-Volume } & \text { Static } \\&\text { Results } & \text { Variances } & \text { Budget } & \text { Variances } & \text { Budget }\\\hline \text { Units sold } & 225000 & & 225000 & & 206250 \\\hline \text { Revenues } & \$ 84160 & \$ 2000 \mathrm{~F} & \text { (A) } & \$ 2800 \mathrm{U} & (B) \\\hline \begin{array}{l}\text { Variable } \\\text {costs }\end{array} & \text { (C) } & \$ 400 \mathrm{U} & \$ 31720 & \$ 4680 \mathrm{~F} & \$ 36400 \\\hline \text { Fixed costs } & \$ 16560 & \$ 1720 \mathrm{~F} & \$ 18280 & 0 & \$ 18 280\\\hline \begin{array}{l}\text { Operating } \\\text { profit }\end{array} & \$ 354 & \text { (D) } & 332160 & \text { (E) } & \$20280\\\hline\end{array}

-What is the total sales-volume variance (E) ?


A) $7480 favourable
B) $1880 favourable
C) $2800 unfavourable
D) $7480 unfavourable

Correct Answer:

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