Question
General Instructions : Prepare the 2020 budget using prior year data and the information included with the instructions tab. 1.Actual column:compute the break even in
General Instructions: Prepare the 2020 budget using prior year data and the information included with the instructions tab.
1.Actual column:compute the break even in units and dollars.Compute the margin of safety.
2.Flexible Budget column:Complete the 2020 Flexible Budget column incorporated with the budget and variance analysis tab.The flexible budget includes several changes to the data.The changes are listed in the Excel file / Instructions Tab.
2a.Compute variances.
2b.Explain the variances.
2c.Compute the break even in units and dollars.
2d.Compute the margin of safety.
The format used is a variable costing income statement.
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Financial And Managerial Accounting
Authors: Charles T Horngren, Jr Walter T Harrison
2nd Edition
0135080193, 9780135080191
