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Data Table 1 Actual Results Static Budget Units 13,000 169,000 65,000 104,000 18,000 86,000 12,000 Sales Revenue 160,000 $ Variable Expenses Contribution Margin Fixed Expenses
Data Table 1 Actual Results Static Budget Units 13,000 169,000 65,000 104,000 18,000 86,000 12,000 Sales Revenue 160,000 $ Variable Expenses Contribution Margin Fixed Expenses Operating Income 61,500 98,500 16,500 82,000 $ Print Done Fulton Company manufactures book bags and has provided the following information for June 2018: EEB Click the icon to view the information.) Requirements 1. Prepare a flexible budget performance report. (Hint: You will need to calculate the flexible budget amounts for 12,000 units.) 2. As the company owner, which employees would you praise or criticize after you analyze this performance report? Per Unit Results Variance Budget Variance Budget Units Sales Revenue Variable Expenses Contribution Margin Fixed Expenses Operating Income
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