Complete the Flexible Budget

Units Sales Variable costs: Cost of Goods Sold Sales Commissions Shipping Cost Total variable costs Contribution Margin Fixed costs: Salary Exp Depr Exp Rent Exp Total fixed costs Operating Revenue Units Sales Variable costs: Cost of Goods Sold Sales Commissions Shipping Cost Total variable costs Contribution Margin Fixed costs: Salary Exp Depr Exp Rent Exp Total fixed costs Operating Revenue Bud Master Budget 98,000 $980,000 $107,800 $53,900 S818,300 S300,ooo $214,000 $175,750 S689,750 $128,550 et Formula Actual Amounts 82,000 S775,ooo $77,500 S43,ooo S895,500 $744,500 S300,ooo S214,ooo $175,750 S689,750 $4,750 Flexible Bud et Variance 16,000 320,000 205,000 30,300 10,900 246,200 73,800 73,800 Actual Variance Complete the Flexible Budget