CRANE'S, INC.

Flexible Budget

The financial information provided is as follows:

Sales Quantity: $7300($Budgeted$),7500($Actual$)$; Sales price per unit: $$8,$ actual $$7\mathrm{.}75$; Variable Cost Per Unit: $2\mathrm{.}50,$ Actual $2\mathrm{.}75$; Selling expense $($fixed$)$: $5300,$ actual $8300$; Administrative Expense $($fixed$)$: $16,300$ actual $15,300$; Income tax expense: $3200,$ actual $3400.$