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Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 6,000 travel locks for Glen, Inc.
Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 6,000 travel locks for Glen, Inc. (Click the icon to view the report.) (For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Data Table Glen, Inc. Flexible Budget Performance Report (partial) Glen, Inc. Flexible For the Month Ended April 30, 2018 Actual Flexible Budget Results Variance 6,000 $ 114,000 51,600 Budget 6,000 Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Actual Flexible Budget Results Variance Units Flexible Budget Sales Revenue $ Units 6,000 (a) 6,000 102,000 50,100 Variable Costs Sales Revenue $ (c) $ 102,000 114,000 51,600 (b) (d) Contribution Margin 51,900 62,400 16,400 Variable Costs 50,100 Fixed Costs 15,100 Contribution Margin 62,400 (f) (g) 51,900 $ 46,000 $ 36,800 Operating Income Fixed Costs 16,400 (i) 15,100 Operating Income $ 46,000 0) (k) $ 36,800 Print Done
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