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# Zenefit Corporation sold laser pointers for \$11 each in 2017. Its budgeted selling price was \$12...

## Question

###### Zenefit Corporation sold laser pointers for \$11 each in 2017. Its budgeted selling price was \$12...

Zenefit Corporation sold laser pointers for \$11 each in 2017. Its budgeted selling price was \$12 per unit. Other information related to its performance is given​ below:

Calculate Zenefit​'s ​flexible-budget and​ sales-volume variances for​ (a) revenues,​ (b) variable​ costs, (c) fixed​ costs, and​ (d) operating income.

Begin with the​ flexible-budget variance​ column, then the​ sales-volume variance column. Label each variance as favorable​ (F) or unfavorable​ (U). ​(For variances with a​ \$0 balance, make sure to enter​ "0" in the appropriate field. If the variance is​ zero, do not select a​ label.)

0 More Info B Units made and sold Variable costs Fixed costs Actual 28,000 90,000 55,000 udgeted 27,500 \$3 per unit 58,000 \$
i Reference Actual Results 28,000 Flexible-Budget Variances Flexible Budget 28,000 Sales-Volume Variances Static Budget 27,500 Units sold Revenues (sales) \$ \$ 308,000 90,000 336,000 84,000 330,000 82.500 Variable costs Contribution margin 218,000 55,000 252,000 58,000 Fixed costs 247,500 58,000 189,500 163,000 194,000 Operating income
Actual Results 28,000 Flexible-Budget Variance Sales-Volume Variance Flexible Budget 28,000 336,000 84,000 Static Budget 27,500 \$ Units sold Revenues (sales) Variable costs Contribution margin \$ 308,000 90,000 330,000 82,500 218,000 55,000 163,000 252,000 58,000 194,000 JI000 Fixed costs 247,500 58,000 Operating income \$ 189,500

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