4 10-25A (similar to) Question Help me flowing Balloon Company produces party balloons that are sold in multi-pack cases. To follow is the company's performance report in contribution margin format for August clation to view the performance report in contribution margin format) -X Data Table toad the requirements Requirement 1. What is the budpeted sales price pot unit? B D The budgeted sales price per unit is 1 The Flowing Balloon Company 2 Actual vs Budget Performance Report - X Requirements 3 For the Month Ended August 31 Master Master Budget Actual Budget Variance m. What is the budgeted sales price per un Sales volume (number of cases sold) 58.500 54,000 2. What is the budgeted variable expense per unit? 6 Sales revenue $ 170.000 145.800 3. What is the budgeted feed cost for the period? 7 Less: Variable expenses 70.400 59.400 4. Compute the master budget variances Be sure to indicate each variance as favorable (F) or unfavorable (U) Contribution margin $ 100.400$ 86.400 5. Management would be to determine the portion of the master budget variance that is (a) due to volume 9 Less: Ficed expenses 71600 70,000 being different than originally anticipated and (b) due to some other unexpected causePrepare a Nesible budget performance report to address these questions, using the actual sales volume of 58.500 10 Operating income S 28.800 16.400 units and the budgeted sales volume of 54,000 units. Use the original budget assumptions for sales price variable cost per unit and fixed costs assuming the relevant range stretches from 19.000 to 63.500 units 6. Using the fable budget performance report you prepared for Requirement 5 answer the following Print Done geons How much of the master budget variance (calculated in Requirement 4) for operating income is due to volume being higher than expected? b. How much of the matter budget variance for variable expenses is due to some cause other than volume? What could account for the ble budget variance for sales revenue? d. What is the volume variance for fred expenses? Why is this amount? Print Done Check Answer 4 10-25A (similar to) Question Help me flowing Balloon Company produces party balloons that are sold in multi-pack cases. To follow is the company's performance report in contribution margin format for August clation to view the performance report in contribution margin format) -X Data Table toad the requirements Requirement 1. What is the budpeted sales price pot unit? B D The budgeted sales price per unit is 1 The Flowing Balloon Company 2 Actual vs Budget Performance Report - X Requirements 3 For the Month Ended August 31 Master Master Budget Actual Budget Variance m. What is the budgeted sales price per un Sales volume (number of cases sold) 58.500 54,000 2. What is the budgeted variable expense per unit? 6 Sales revenue $ 170.000 145.800 3. What is the budgeted feed cost for the period? 7 Less: Variable expenses 70.400 59.400 4. Compute the master budget variances Be sure to indicate each variance as favorable (F) or unfavorable (U) Contribution margin $ 100.400$ 86.400 5. Management would be to determine the portion of the master budget variance that is (a) due to volume 9 Less: Ficed expenses 71600 70,000 being different than originally anticipated and (b) due to some other unexpected causePrepare a Nesible budget performance report to address these questions, using the actual sales volume of 58.500 10 Operating income S 28.800 16.400 units and the budgeted sales volume of 54,000 units. Use the original budget assumptions for sales price variable cost per unit and fixed costs assuming the relevant range stretches from 19.000 to 63.500 units 6. Using the fable budget performance report you prepared for Requirement 5 answer the following Print Done geons How much of the master budget variance (calculated in Requirement 4) for operating income is due to volume being higher than expected? b. How much of the matter budget variance for variable expenses is due to some cause other than volume? What could account for the ble budget variance for sales revenue? d. What is the volume variance for fred expenses? Why is this amount? Print Done Check