Question
Industries has a relevant range extending to 30 comma 000 units each month. The following performance report provides information about Nanco's budget and actual performance
Industries has a relevant range extending to 30 comma 000 units each month. The following performance report provides information about Nanco's budget and actual performance for April. LOADING...(Click the icon to view the performance report.) Requirement Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Enter the variances as positive numbers. If the variance is 0, make sure to enter in a "0". Label each variance as favorable (F) or unfavorable (U). Round intermediary calculations to the nearest cent.) Nanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended April 30 Flexible budget Flexible Volume Actual variance Budget Variance Master Budget Output units 25,000 30,000 Sales revenue $240,000 $5,000 F Less: Variable expenses 182,500 $187,500 Contribution margin Less: Fixed expenses 18,500 21,000 Operating income
Nanco Industries has a relevant range extending to 30.000 units each month. The following performance report provides information about Nanco's budget and actual performance for April (Click the icon to view the performance report.) Requirement Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Enter the variances as positive numbers. If the variance is 0, make sure to enter in a "0". Label each variance as favorable (F) or unfavorable (U). Round intermediary calculations to the nearest cent.) Nanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended April 30 Flexible budget Flexible Volume Actual variance Budget Variance 25,000 25000 Master Budget 30,000 Output units Sales revenue 5,000 U U F $ 187.500 Less: Variable expenses Contribution margin Lees: Fixed expenses $ 240,000 $ 182,500 57500 18,500 F 21,000 39000 U U Operating income Choose from any list or enter any number in the input fields and then click Check Answer. ? all parts showing Clear All CheckStep by Step Solution
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