Onyx Décor Company Has Prepared a Static Budget at the Beginning

question 91

Multiple Choice

Onyx Décor Company has prepared a static budget at the beginning of the month.At the end of the month,the following information has been retrieved from the records. Static budget:
Sales volume: 2,000 units: Price: $50 per unit
Variable expense: $12 per unit: Fixed expenses: $25,000 per month
Operating income: $51,000
Actual results:
Sales volume: 1,800 units: Price: $58 per unit
Variable expense: $16 per unit: Fixed expenses: $35,000 per month
Operating income: $40,600
Calculate the sales volume variance for operating income.

• A)$2,970 U
• B)$5,490 F
• C)$7,600 U
• D)$5,110 F

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Definitions:

Biodiversity

The variety and variability of life on Earth, encompassing the diversity within species, between species, and of ecosystems.

Rain Forests

Densely wooded areas typically found in tropical regions, characterized by high rainfall and biodiversity, crucial for the global climate and ecosystem.

Carbon Dioxide

Carbon dioxide is a colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in the air and is a crucial greenhouse gas.

Extinction

The permanent end of the existence of a species or group of organisms, meaning that no living members of the species remain.