can you explain to me how to get the favorable or unfavorable budget ? can you show me the answers and steps ? i need help asap and can show me part 3 too
Bank Management Printers, Inc. produces luxury checkbooks with three checks and stubs per page. Each checkbook is designed for an individual customer and is OH ordered through the customer's bank. The company's operating budget for September 2020 included these data: Click the icon to view the operating budget and actual results) The executive vice president of the company observed that the operating income for September was much lower than anticipated, despite a higher than-budgeted seling price and a lower-than-budgeted variable cost per unit. As the company's management accountant, you have been asked to provide explanations for the disappointing September results Bank Management develops its flexible budget on the basis of budgeted per-output-unit revenue and per-output-unit variable costs without detailed analysis of budgeted inputs Name Read the requirements Due varao COSTS Contribution margin 168,000 12,000 U 180,000 Last 150.000 145,000 Curre Operating income (loss) 18.000 $ $ 35,000 Atten Requirement 2. Prepare a flexible-budget-based variance analysis of the September performance Lates Penal Begin with the actual results, then complete the flexible budget columns and the static budget columns Label each variance as favorable or unfavorable. (For variance with a 50 balance, make sure to enter "O" in the appropriate field. If the variance is zero, do not select a label. Enter operating losses with a minus sign or parentheses.) Faxed costs 5,000 17.000 sor E7 E7 Units sold Revenues Actual Flexible-Budget Results Variances 12.000 0 $ 252.000 $ 12,000 F B4,000 Flexible Budget 12,000 240,000 96,000 Sales-Volume Variances 3000 60,000 F Static Budget 15,000 300,000 120,000 $ 12,000 F 24,000 U 24,000 F OK Variable costs Contribution margin Fixed costs Operating income () 168,000 150,000 18,000 $ 5.000 144.000 145.000 36,000 OF 36,000 180,000 145.000 19.000 (1.000 35.000 This cours Help me solve this Etext pages Get more help Clear all Final check nts. The budgeted amounts for September 2020 were: 168,0 15,000 150,00 $ 20 Number of checkbooks Selling price per book Variable cost per book Fixed costs for the month $ 18,01 (loss) $ 8 $ 145,000 Prepare a flexible-budg The actual results for September 2020 were as follows: tual results, then compl $0 balance, make sure 12,000 s favorable or u! operating losses $ Number of checkbooks produced and sold Average selling price per book Variable cost per book Fixed costs for the month 21 $ 7 $ 150,000 Actual Results 12,00 $ 252,00 84.00 Print Done hargin 168,00 150,00 tome (loss) 18,000 $ 19,000 F (1.000) 36.000 35,000 antomer's bank. The company's operating budget for September 2000 included the data View the operating budget and actress dent of the company served that the operating income or September was much lower than anticipated ertan beled viable cost perunt. As the company's management countant, you have been asked to prove Tibe tesute Bank Management develops ble budget on the basis of budgeted per-outputut revenue and ysis of budged inputs. Requirements 1. Prepared budge based any of the September performance 2. Prepare a budget and of the September performance 2. Whygt Bank Management find the festgebrancea more informatie on the state media anaye? Explain your huius balone or es Print Dene 14.000 16 000 24000 0000 NO 000 0001 600 solve this text pages Get more help Cleara 150 MA 8: 1: 151 * 2 3 3 5 6 7 8 0 W E R T Y U S D G H J V 00 B N M mand To the de The 2000 TO There want to degree whow we Bren ewwel die 45 At SO Bu 2.000 DOLOR 400 . . . Home Get more 103 On TXOSTO 3 C! 110 . - W T A o F G K L . 2 X C V B N V
