Brodrick Company expects to produce 21,400 units for the year ending December 31. A flexible budget for 21,400 units of production reflects sales of $642,000; variable costs of $64,200; and fixed costs of $143,000.

Assume that actual sales for the year are $742,000 (26,200 units), actual variable costs for the year are $113,700, and actual fixed costs for the year are $130,000. Prepare a flexible budget performance report for the year.

BRODRICK COMPANY
Flexible Budget Performance Report
For Year Ended December 31
	Flexible Budget	Actual Results	Variances	Favorable/ Unfavorable
Sales
Variable expenses
Contribution margin	0	0
Fixed expenses
Income from operations	$0	$0