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1) Quindo Table Company manufactures tables for schools. The 2017 operating budget is based on sales of 44,000 units at $110 per table. Budgeted variable

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1) Quindo Table Company manufactures tables for schools. The 2017 operating budget is based on sales of 44,000 units at $110 per table. Budgeted variable costs are $70 per unit, while fixed costs total $760,000. Actual sales were 46,000 units at $114 each. Actual variable costs were $66 per unit and fixed costs totaled $737,000. Required: Prepare a variance analysis report with both flexible-budget and sales-volume variances Quindo Table Company Variance Analysis ctual Resus Flexible Variances Flexible Budgetme Variances Sales-Static Flexible Variances Flexible Budget Volume Variances Sales-Static Units sold Sales Variable costs Contribution margin Fixed costs Operating ncome

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