Flexible Budget

Flexible

Data table

$\backslash$table$[[,$A$,,$B$,$C$,$D$,$E$,$F$],[1,$Fun Time Fudge Company$],[2,$Flexible Budget Performance Report: Sales and Operating Expenses$],[3,$For the Year Ended December $31],[4,,,$Actual,$\backslash$table$[[\backslash$table$[[$Flexible Budget$],[$Variance$]]]],\backslash$table$[[$Flexible$],[$Budget$]],\backslash$table$[[$Volume$],[$Variance$]],\backslash$table$[[$Master$],[$Budget$]]],[5,$Sales volume $($number of cases sold$),,13,200,,13,200,,12,000],[6,$Sales revenue $($ $$25$ per case$),,325,000,,$$$330,000,,$$$300,000],[7,$Less variable expenses:,,,,,,$],[8,$Sales expense $($ $$4$ per case sold$),$$$,50,000,,$$$,52,800,,48,000],[9,$Shipping expense $($ $$1$ per case sold$),,12,200,,13,200,,12,000],[10,$Contribution margin,,$262,800,,264,000,,240,000],[11,$Less fixed expenses:,,,,,,$],[12,$Salaries,,$9,800,,8,900,,8,900],[13,$Office rent,,$2,800,,2,800,,2,800],[14,$Operating income,$$,250,200,,$$$252,300,,$$$,228,300]]$