Morgan's,Inc.has provided you with the following financial information:
$$\begin{array}{lrr}
& \underline{\text { Budget }} & \underline{\text { Actual }} \
\text { Sales Quantity } & 6,000 & 6,200 \
\text { Sales Price Per Unit } & \$ 6.00 & \$ 5.75 \
\text { Variable Product Cost Per Unit } & \$ 2.00 & \$ 2.25 \
\text { Selling Expense fixed } & \$ 3,000 & \$ 6,000 \
\text { Administrative Expense fixed } & \$ 15,000 & \$ 14,000 \
\text { Income Taxes } & \$ 180 & \$ 200
\end{array}$$

Question

Morgan's,Inc.has provided you with the following financial information:
 $$\begin{array}{lrr} 
& \underline{\text { Budget }} & \underline{\text { Actual }} \
\text { Sales Quantity } & 6,000 & 6,200 \
\text { Sales Price Per Unit } & \$ 6.00 & \$ 5.75 \
\text { Variable Product Cost Per Unit } & \$ 2.00 & \$ 2.25 \
\text { Selling Expense fixed } & \$ 3,000 & \$ 6,000 \
\text { Administrative Expense fixed } & \$ 15,000 & \$ 14,000 \
\text { Income Taxes } & \$ 180 & \$ 200
\end{array}$$

Quizplus · Accepted Answer

The Answer of Morgan's,Inc.has provided you with the following financial information:
 $$\begin{array}{lrr} 
& \underline{\text { Budget }} & \underline{\text { Actual }} \
\text { Sales Quantity } & 6,000 & 6,200 \
\text { Sales Price Per Unit } & \$ 6.00 & \$ 5.75 \
\text { Variable Product Cost Per Unit } & \$ 2.00 & \$ 2.25 \
\text { Selling Expense fixed } & \$ 3,000 & \$ 6,000 \
\text { Administrative Expense fixed } & \$ 15,000 & \$ 14,000 \
\text { Income Taxes } & \$ 180 & \$ 200
\end{array}$$