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Brodrick Company expects to produce 21,900 units for the year ending December 31. A flexible budget for 21,900 units of production reflects sales of $525,600;

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Brodrick Company expects to produce 21,900 units for the year ending December 31. A flexible budget for 21,900 units of production reflects sales of $525,600; variable costs of $65,700; and fixed costs of $140,000. Assume that actual sales for the year are $584,200 (26,300 units), actual variable costs for the year are $113,500, and actual fixed costs for the year are $136,000. 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 O O O O

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