A$.$ Repair schedule comparing the actual results with flexible budget amounts developed for the actual sales volume of $$10,500\mathrm{.}00.$ Organize your schedule as a partial multiple step income statement, ending with operating income. Include separate column for $(1)$ flexible budget amounts, $(2)$ actual amounts, and $(3)$ any amount over $($under$)$budget$.$ use the cost volume relationships given in the problem to compute the flexible budget amounts.

B$.$ Write a statement evaluating the companies performance in relation to the plan reflecting in the flexible budget.

Snells is a retail department store. The following cost$-$volume relationships were used in developing a flexible budget for the company for the current year.

Variable

$\backslash$table$[[$is$,\backslash$table$[[$Yearly$],[$Fixed Expenses$]],\backslash$table$[[$Expenses per$],[$Sales Dollar$]]],[$Cost of merchandise sold $.....................................................,,$$$0\mathrm{.}600$