Question is incomplete
----_------- Actual Results ---- Flexible Budget Variances ---- Flexible Budget
Revenues: $187,250 ------- $5,000F --------- (A)
----_------- Sales-Volume Variances -_-- Static Budget
Revenues: $6,260 U -------- (B)
Answer:
Reported Amount = $182,250 ---- A
Reported Amount = $188,510 ----- B
Explanation:
Reported Amount for revenues in the flexible-budget (A) and the static-budget (B) are calculated as follows;
For A:
Reported Amount = Actual Results - Flexible Budget Variance
Where Actual Results = $187,250
And Flexible Budget Variance = $5,000
Reported Amount = $187,250 - $5,000
Reported Amount = $182,250
For B:
Reported Amount = Reported Amount of A + Sales Volume Variances
Reported Amount = $182,250 + $6,260
Reported Amount = $188,510
Hence,the amounts reported for revenues in the flexible-budget (A) and the static-budget (B), are
$182,250 and $188,510 respectively.
