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Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 9,000 travel locks for Garrett, Inc.
Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 9,000 travel locks for Garrett, Inc. (Click the icon to view the report.) (For variances with a $0 value, make sure to enter "O" in the appropriate cells.) Data Table Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Actual Flexible Budget Flexible Garrett, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Results Variance Budget Units 9,000 Actual Flexible Budget Flexible Variance Results $ 9,000 126,000 49,400 Sales Revenue Budget 144,000 52,000 Units Variable Costs Contribution Margin (a) (b) Sales Revenue $ (c) $ 92,000 16,300 76,600 15,300 Fixed Costs (d) Variable Costs Contribution Margin 9,000 144,000 52,000 92,000 16,300 75,700 9,000 126,000 49,400 76,600 15,300 61,300 75,700 $ 61,300 Operating Income Fixed Costs (6 (h) 0) (g) (i) (k) $ Operating Income $ Print Print Done Done
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