Exercise $3$ Preparation of a flexible budget performance report

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Check Income variance, $$13,950F$

Hall Company's fixed budget performance report for June follows. The $$660,000$ budgeted expenses include $$450,000$ variable expenses and $$210,000$ fixed expenses. Actual expenses include $$200,000$ fixed expenses. Prepare a flexible budget performance report that shows any variances between budgeted results and actual results. List fixed and variable expenses separately.

$\backslash$table$[[,$Fixed Budget,Actual Results,Variances$],[$Sales $($in units$),9,000,7,900,],[$Sales $($in dollars$),$$$720,000,$$$647,800,$$$72,200U$