Question
For the quarter ended March 31, 2020, Croix Company accumulates the following sales data for its newest guitar, The Edge: $325,300 budget; $303,900 actual. In
For the quarter ended March 31, 2020, Croix Company accumulates the following sales data for its newest guitar, The Edge: $325,300 budget; $303,900 actual. In the second quarter, budgeted sales were $382,000, and actual sales were $399,000. Prepare a static budget report for the second quarter and for the year to date.
| CROIX COMPANY Sales Budget Report For the Quarter Ended June 30, 2020 | ||||||||||||||
| Second Quarter | Year to Date | |||||||||||||
| Product Line | Budget | Actual | Difference | Budget | Actual | Difference | ||||||||
| Guitar: The Edge | $ | $ | $ | FavorableUnfavorableNeither Favorable nor Unfavorable | $ | $ | $ | FavorableUnfavorableNeither Favorable nor Unfavorable | ||||||
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Financial Accounting An Introduction
Authors: Jacqui Kew, Alex Watson
4th Edition
0199046484, 978-0199046485
