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Bramble manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: 2,100 canoes, 2,600 canoes, and 3,100
Bramble manufactures aluminum canoes. In planning for the coming year, CFO Alexis King is considering three different sales targets: 2,100 canoes, 2,600 canoes, and 3,100 canoes. Canoes sell for $750 each. The standard variable cost information for a canoe is as follows. Annual fixed overhead cost is expected to be: Alexis King chose to prepare a static budget based on sales of 2,900 canoes. Actual sales were 2,950 canoes at a price of $740 each. The company incurred the following costs for the year: Prepare a performance report for the year that shows the flexible budget and sales volume variances. (If operating income is negative, enter amounts using a negative sign preceding the number eg. -45 or parentheses eg. (45). Round answers to 0 decimal places, e g. 125. If variance is zero, select "Not Applicable" and enter O for the amounts.) Prepare a performance report for the year that shows the flexible budget and sales volume variances. (If operating income is negative, enter amounts using a negative sign preceding the number eg. -45 or parentheses eg. (45). Round answers to 0 decimal places, eg. 125 . If variance is zero, select "Not Applicable" and enter O for the amounts.) Prepare a performance report for the year that shows the flexible budget and sales volume variances. (If operating income is negative, enter amounts using a negative sign preceding the number e.g. -45 or parentheses eg. (45). Round answers to 0 decimal places, eg. 125 . If variance is zero, select "Not Applicable" and enter O for the amounts.) Prepare a performance report for the year that shows the flexible budget and sales volume variances. (If operating income is negative, enter amounts using a negative sign preceding the number eg. -45 or parentheses eg. (45). Round answers to 0 decimal places, e.g. 125. If
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