Question
Can you please assist me with this question? I've provided some correct and some incorrect answers, and I'd appreciate a human explanation rather than AI-generated
Can you please assist me with this question? I've provided some correct and some incorrect answers, and I'd appreciate a human explanation rather than AI-generated responses.
Rooney Company has provided the following Year 2 data. Budget Sales $ 520,000 Variable product costs 192,000 Variable selling expense 45,000 Other variable expenses 3,600 Fixed product costs 15,700 Fixed selling expense 23,600 Other fixed expenses 1,800 Interest expense 710 Variances Sales 8,300
Unfavorable Variable product costs 4,400 Favorable Variable selling expense 1,600 Unfavorable Other variable expenses 1,200 Unfavorable Fixed product costs 230 Favorable Fixed selling expense 410 Favorable Other fixed expenses 130 Unfavorable Interest expense 110 Favorable Required Prepare a budgeted and actual income statement for internal use.
Required
Prepare a budgeted and actual income statement for internal use.
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