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25) The actual information pertains to the month of June. As a part of the budgeting pro cess,G reat Cabinets Company developed the following static
25) The actual information pertains to the month of June. As a part of the budgeting pro cess,G reat Cabinets Company developed the following static budget for June. Great Cabinets is in of preparing the flexible budget and understanding the results. Actual Flexible Budget Static Budget Results Sales volume (in units) Sales revenues $900,000 $1,150,000 Variable costs Contribution margin Fixed costs 360,000 $ 540,000 275,300 463,.910 686,090 269 500 Operating profit $264.700 16.590 The flexible budget will report for variable costs. A) $463,910 B) $460,000 C) $592,774 D) $363,060
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