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Kanco Industries has a relevant range extending to 3 0 , 8 0 0 units each month. The following performance report provides information about Kanco's
Kanco Industries has a relevant range extending to units each month. The following performance report provides information about Kanco's budget and actual
performance for June.
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Requirement
Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. Round intermediary calculations to the nearest cent. Enter the variances as
positive numbers. Label each variance as favorable F or unfavorable U If the variance is make sure to enter in a A variance of zero is considered favorable.
Output units
Sales revenue
Less: Variable expens
Contribution margin
Less: Fixed expenses
Operating income
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