Data for Croix AG are given in BE25.1. In the second quarter, budgeted sales were CHF380,000, and

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Data for Croix AG are given in BE25.1. In the second quarter, budgeted sales were CHF380,000, and actual sales were CHF384,000. Prepare a static budget report for the second quarter and for the year to date.


BE25.1:

For the quarter ended March 31, 2020, Croix AG accumulates the following sales data for its newest guitar, The Edge: CHF315,000 budget; CHF305,000 actual. Prepare a static budget report for the quarter.

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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