Nicholas Company manufacturers TVs.Some of the company's data was misplaced.Use the following information to replace the lost data:
Required:
a.What are the respective flexible-budget revenues (A)?
b.What are the static-budget revenues (B)?
c.What are the actual variable costs (C)?
d.What is the total flexible-budget variance (D)?
e.What is the total sales-volume variance (E)?
f.What is the total static-budget variance?
Correct Answer:
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