Question

James Manufacturing has the following information available for July:

	Actual Results				Flexible Budget Variance				Flexible Budget				Sales Activity Variance				Master Budget
Units		12,000								?				3,000	U			?
Sales revenue		?			$	13,800	F			?				?				?
Less:
Variable manufacturing costs	$	89,500							$	96,000				?			$	119,000
Variable marketing and administrative		?			$	8,500	U			?			$	9,200	F		$	37,000
Contribution margin	$	56,000				?				?			$	6,700	U			?

What was James’s actual sales revenue for July?

Answer 1

James's actual sales revenue for July : $ 181,800.

	Actual Results	Flexible Budget Variance	Flexible Budget	Sales Activity Variance	Master Budget
Units	12,000	0	12,000		14,875
Sales Revenue	181,800	13,800 F	168,000	40,250 U	208,250
Less:
Variable Manufacturing Costs	89,500	3,400 F	96,000	23,000 F	119,000
Variable Marketing and Administrative	36,300	8,500 U	27,800	9,200 F	37,000
Contribution Margin	$ 56,000	8,700 F	47,300	6,700 U	54,000