Multiple Choice
Kevin Jarvis is the controller of Bitterroot Industries.Kevin prepared the following budgeted income statement at various levels of sales.After careful review of the budgeted income statements, and after discussions with the sales and production managers, the CEO determines that the best alternative is to base the budget on a sales volume of 30,000 units. 
Actual results for the year were 28,000 units, reflected in the following income statement: 
What is the sales volume variance for direct material?
A) $28,000 favorable
B) $28,000 unfavorable
C) $6,000 unfavorable
D) $34,000 favorable
Correct Answer:
Verified
Correct Answer:
Verified
Q79: Luckett Company's standards call for two feet
Q80: When a variable overhead spending variance is
Q81: The sales volume variance is the difference
Q82: Kevin Jarvis is the controller of Bitterroot
Q83: The flexible budget breaks down into the
Q85: The algebraic equation for the direct labor
Q86: An unfavorable variance is a variance that
Q87: Indirect materials are classified as manufacturing overhead.How
Q88: The following labor standards have been set
Q89: Which of the following are factors that