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Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 7,000 travel locks for Gianni, Inc.
Complete the flexible budget variance analysis by filling in the blanks in the partial flexible budget performance report for 7,000 travel locks for Gianni, Inc. (For variances with a $0 value, make sure to enter "0" in the appropriate cells.) Data Table Gianni, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2024 Actual Flexible Budget Results Variance 7,000 Gianni, Inc. Flexible Budget 7,000 Flexible Budget Performance Report (partial) For the Month Ended April 30, 2024 Actual Flexible Budget Results Variance Units Sales Revenue $ $ 119,000 51.900 105,000 49,500 Flexible Budget 7,000 Units 7,000 (a) Variable Costs Contribution Margin Sales Revenue $ (6) (c) $ 105,000 67,100 16.400 55,500 15.300 119,000 51,900 Variable Costs (d) 49,500 Fixed Costs (e) (g) $ 50,700 $ 40,200 Contribution Margin 67,100 55,500 Operating Income Fixed Costs 16,400 (0) 15,300 Operating Income $ 50,700 0 (k) $ 40,200
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