Brodrick Company expects to produce 21,500 units for the year ending December 31. A flexible budget for 21,500 units of production reflects sales of $623,500; variable costs of $64,500; and fixed costs of $142,000.

Assume that actual sales for the year are $760,300 (27,700 units), actual variable costs for the year are $113,600, and actual fixed costs for the year are $131,000. 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
Contribution margin