A.

B.

Solitaire Company's fixed budget performance report for June follows. The $303,750 budgeted expenses include $251,100 variable expenses and $52,650 fixed expenses. Actual expenses include $59,850 fixed expenses Actua1 Fixed Budget Variances Results 8,100 10,500 Sales (in units) Sales (in dollars) Total expenses Income from operations $405,000 303,750 $101,250 $525,000 367,500 $120,000 F 63,750 U $ 56,250 F $157,500 Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Flexible Budget Actual Results Variances Fav./Unf. Contribution margin