Providore Contractors shows the following actual versus budget report: a. Prepare a variance report and reconcile the

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Providore Contractors shows the following actual versus budget report:

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a. Prepare a variance report and reconcile the budget and actual result.

b. Prepare a flexible budget that explains the variances.

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Accounting For Managers Interpreting Accounting Information For Decision Making

ISBN: 9781118037966

1st Canadian Edition

Authors: Paul M. Collier, Sandy M. Kizan, Eckhard Schumann

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Question Posted: May 31, 2024 10:07 AM

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Providore Contractors shows the following actual versus budget report: a. Prepare a variance report and reconcile the

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Units Selling price per unit Revenue Variable costs Contribution margin Fixed expenses Operating profit Budget Actual 25,000 23,000 $4 $4.10 $100,000 $94,300 @ $2.50/unit @ $2.35/unit $62,500 $54,050 $37,500 $40,250 $30,000 $31,500 $7,500 $8,750

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Accounting For Managers Interpreting Accounting Information For Decision Making

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