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Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable The company budgets a selling price of
Complete the following partial flexible budget performance report, and indicate whether each variance is favorable or unfavorable The company budgets a selling price of $83 per unit and variable costs of $35 per unit (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.) Flexible Budget Performance Report For Month Ended June 30 Flexible Budget Sales Variable costs Contribution margin Fixed costs Income (12,100 units) Actual Results. (12.100 units) Variances Favorable/Unfavorable $ 35,700 Favorable 364,000 580,800 283,000 298,000
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