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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 Grant, 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 Grant, 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 Grant, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Actual Flexible Budget Flexible Results Variance Budget Grant, Inc. Flexible Budget Performance Report (partial) For the Month Ended April 30, 2018 Actual Flexible Budget Results Variance 9,000 (a) Units 9,000 9,000 Flexible Budget Sales Revenue $ $ 126,000 52,300 108,000 50,300 Units 9,000 Variable Costs Contribution Margin Sales Revenue $ 126,000 (b) (C) $ 108,000 57,700 73,700 16.100 14,900 Variable Costs 52,300 (d) (e) 50,300 Fixed Costs 57,600 Contribution Margin 73,700 (1) 57,700 42,800 Operating Income (g) 0 Fixed Costs 16,100 (h) 14,900 Operating Income $ 57,600 0 (k) $ 42,800
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