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The static budget,at the beginning of the month,for Wadsworth Company follows: Static budget:
Sales volume: 2000 units; Sales price: $50.00 per unit
Variable costs: $14.00 per unit; Fixed costs: $25,100 per month
Operating income: $46,900
Actual results,at the end of the month,follows:
Actual results:
Sales volume: 1900 units; Sales price: $58.00 per unit
Variable costs: $16.5 per unit; Fixed costs: $34,000 per month
Operating income: $44,850
Calculate the flexible budget variance for operating income.
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An axon is a long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.
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