Sales volume variance analysis:
Lions Company prepared a budget last period with budgeted sales of 55,000 units at a price of $75 each. Variable costs were budgeted to be #10 per unit. Fixed costs were budgeted to be $2,000,000 for the period. During the period, actual sales totaled 58,000 units.
Prepare a variance report to show the difference between the master budget and the flexible budget.© BrainMass Inc. brainmass.com June 4, 2020, 12:09 am ad1c9bdddf
The solution performs sales volume variance analysis: master vs flexible budget for Lions Company.