Question
Business Solutions second quarter 2012 fixed budget performance report for its computer furniture operations follows. The $156,660 budgeted expenses include $106,500 in variable expenses for
Business Solutions second quarter 2012 fixed budget performance report for its computer furniture operations follows. The $156,660 budgeted expenses include $106,500 in variable expenses for desks and $17,160 in variable expenses for chairs, as well as $33,000 fixed expenses. The actual expenses include $34,400 fixed expenses. |
Fixed Budget | Actual Results | Variances | |||||
Desk sales (in units) | 142 | 148 | |||||
Chair sales (in units) | 66 | 74 | |||||
Desk sales (in dollars) | $ | 177,500 | $ | 183,520 | $ | 6,020 F | |
Chair sales (in dollars) | $ | 35,640 | $ | 41,070 | $ | 5,430 F | |
Total expenses | $ | 156,660 | $ | 165,010 | $ | 8,350 U | |
Income from operations | $ | 56,480 | $ | 59,580 | $ | 3,100 F | |
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