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Business Solutions's second-quarter 2020 fixed budget performance report for its computer furniture operations follows. The $167,570 budgeted expenses include $117,040 in variable expenses for desks
Business Solutions's second-quarter 2020 fixed budget performance report for its computer furniture operations follows. The $167,570 budgeted expenses include $117,040 in variable expenses for desks and $16,530 in variable expenses for chairs, as well as $34,000 fixed expenses. The actual expenses include $35,600 fixed expenses. List fixed and variable expenses separately. Variances Desk sales (in units) Chair sales (in units) Desk sales Chair sales Total expenses Income from operations Fixed Budget Actual Results 154 160 57 65 $206, 360 $212,800 33,060 38,675 167,570 176,410 $ 71,850 $ 75,065 $6,440 F 5,615 F 8,840 U $3,215 F Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. BUSINESS SOLUTIONS Flexible Budget Performance Report For Quarter Ended June 30 Flexible Budget Actual Results Variance Fav./Unf. rch o gi 09 65F Mostly cloudy db63) 12:07 PM 10/9/2021 (5
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