Hall Companys fixed budget performance report for June follows. The $660,000 budgeted expenses include $450,000 variable expenses

Question:

Hall Company€™s fixed budget performance report for June follows. The $660,000 budgeted expenses include $450,000 variable expenses and $210,000 fixed expenses. Actual expenses include $200,000 fixed expenses. Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expensesseparately.