Homework Answers
volume variance
| Master budget | Flexible budget | |
| Sales | 7200*229 = 1648800 | 7800*229 = 1786200 |
| Variable cost | 7200*170 = 1224000 | 7800*170 = 1326000 |
| Fixed cost | 265000 | 265000 |
| Operating income | 159800 | 195200 |
Operating income volume variance = 195200-159800 = 35400 F
So answer is b) $35400 Favorable
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