hello! I don't know how to find the Flexible Budget column, please help!
The Outrageous Balloon Company produces party balloons that are sold in multi-pack cases. Following is the company's performance report in contribution margin format for January Click the icon to view the performance report in contribution margin format.) Read the requirements U U MOTEL Master Flexible Budget Variance Master Actual Flexible Budget 57.500 Volume Variance F Budget 55,000 Budget Variance 2,500 F 15.000 F Sales volume 57,500 F Sales revenue S 185,500 102,000 F $ 170,500 U 93,500 U 8,500U F F 77,000 Less: Variable expenses Contribution margin Less Fixed expenses Operating income 83,500 73 600 6.500 F F 72.000 1,600 U 9.900 F 5 5,000 4.900 F 1 1 2. 3 The Outrageous Balloon Company Actual vs. Budget Performance Report For the Month Ended January 31 Master Budget Variance 4 Master Budget Actual Sales volume (number of cases 5 sold) 57,500 55,000 6 Sales revenue $ 185,500 $ 170,500 7 Less: Variable expenses 102,000 93,500 77,000 8 Contribution margin 9 Less: Fixed expenses $ 83,500 $ 73,600 72,000 10 Operating income $ 9,900 $ 5,000 Requirement 1. What is the budgeted sales price per unit? The budgeted sales price per unit is $ 3.10 Requirement 2. What is the budgeted variable expense per unit? The budgeted variable expense per unit is $ 1.70 Requirement 3. What is the budgeted fixed cost for the period? The budgeted fixed cost for the period is $ 72,000 The Outrageous Balloon Company produces party balloons that are sold in multi-pack cases. Following is the company's performance report in contribution margin format for January Click the icon to view the performance report in contribution margin format.) Read the requirements U U MOTEL Master Flexible Budget Variance Master Actual Flexible Budget 57.500 Volume Variance F Budget 55,000 Budget Variance 2,500 F 15.000 F Sales volume 57,500 F Sales revenue S 185,500 102,000 F $ 170,500 U 93,500 U 8,500U F F 77,000 Less: Variable expenses Contribution margin Less Fixed expenses Operating income 83,500 73 600 6.500 F F 72.000 1,600 U 9.900 F 5 5,000 4.900 F 1 1 2. 3 The Outrageous Balloon Company Actual vs. Budget Performance Report For the Month Ended January 31 Master Budget Variance 4 Master Budget Actual Sales volume (number of cases 5 sold) 57,500 55,000 6 Sales revenue $ 185,500 $ 170,500 7 Less: Variable expenses 102,000 93,500 77,000 8 Contribution margin 9 Less: Fixed expenses $ 83,500 $ 73,600 72,000 10 Operating income $ 9,900 $ 5,000 Requirement 1. What is the budgeted sales price per unit? The budgeted sales price per unit is $ 3.10 Requirement 2. What is the budgeted variable expense per unit? The budgeted variable expense per unit is $ 1.70 Requirement 3. What is the budgeted fixed cost for the period? The budgeted fixed cost for the period is $ 72,000
