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7.2-21a Question Help The actual information pertains to the month of June. As a part of the budgeting process, Great Cabinets Company developed the following
7.2-21a Question Help The actual information pertains to the month of June. As a part of the budgeting process, Great Cabinets Company developed the following static budget for June. Great Cabinets is in the process of preparing the flexible budget and understanding the results. ActualResults FlexibleBudget StaticBudget Sales volume (in units) 13,000 18,000 Sales revenues $715,000 S $990,000 Variable costs 299,000 $ 416,340 Contribution margin $416,000 S $573,660 Fixed costs 276,600 $ 269,800 Operating profit $139,400 $303,860 The flexible budget will report for variable costs. O A. $414,000 B. $300,690 C. $576,471 D. $416,340
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