Crane Companys master budget reflects budgeted sales information for the month of June, 2022 as follows: Budgeted
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Question:
Crane Companys master budget reflects budgeted sales information for the month of June, 2022 as follows:
Budgeted Quantity | Budgeted Unit Sales Price | |||
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Product A | 42,600 | $7 | ||
Product B | 49,300 | $9 |
During June, the company actually sold 40,300 units of Product A at an average unit selling price of $7.10 and 52,200 units of Product B at an average unit price of $8.90. Prepare a Sales Budget Report for the month of June for Crane Company which shows whether the company achieved its planned objectives.
CRANE COMPANY Sales Budget Report For the Month Ended June 30, 2022 | ||||||||
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Difference | ||||||||
Product Line | Budget | Actual | Favorable (F) Unfavorable (U) Not Applicable (NA) | |||||
Product A | $enter a dollar amount | $enter a dollar amount | $enter the difference | select an option NAUF | ||||
Product B | enter a dollar amount | enter a dollar amount | enter the difference | select an option UNAF | ||||
Total Sales | $enter a total amount | $enter a total amount | $enter the difference | select an option FNAU |
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