Brief Exercise 22-2

For the quarter ended March 31, 2017, Croix Company accumulates the following sales data for its newest guitar, The Edge: $325,300budget; $303,900actual.

In the second quarter, budgeted sales were $382,000, and actual sales were $399,000.

a static budget report for the second quarter and for the year to date.

CROIX COMPANY

Sales Budget Report

For the Quarter Ended June 30, 2017.

Second Quarter

Year to Date

Product LineBudgetActualDifferenceBudgetActualDifferenceGuitar: The Edge

$

$

$

FavorableUnfavorableNeither Favorable nor Unfavorable