Question
Brief Exercise 22-2 For the quarter ended March 31, 2014,MarisCompany accumulates the following sales data for its product, Garden-Tools: $338,100budget; $300,100actual. In the second quarter,
For the quarter ended March 31, 2014,MarisCompany accumulates the following sales data for its product, Garden-Tools: $338,100budget; $300,100actual.
In the second quarter, budgeted sales were $382,800, and actual sales were $395,000.
Prepare a static budget report for the second quarter and for the year to date.
| MARIS COMPANY Sales Budget Report For the Quarter Ended June 30, 2014 | ||||||||
| Second Quarter | Year to Date | |||||||
| Product Line | Budget | Actual | Difference | Budget | Actual | Difference | ||
| Garden-Tools | $ | $ | $ | FUN | $ | $ | $ | FUN |
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Financial Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
9th edition
1-119-49356-3, 1119493633, 1119493560, 978-1119493631
