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LE Beck Company expects to produce 10,000 units for the year ending December 31. A flexible budget for 10,000 units of production reflects sales of

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LE Beck Company expects to produce 10,000 units for the year ending December 31. A flexible budget for 10,000 units of production reflects sales of $200,000; variable costs of $40,000; and fixed costs of $75,000. If the company instead produces and sells 13,000 units for the year. Assume that actual sales are $265,000, actual variable costs for the year are $59,000, and actual fixed costs for the year are $73,400. EL Prepare a flexible budget performance report for the year. (Input all amounts as a positive value. Indicate the effect of each variance by selecting "F" for favorable. "U" for unfavorable, and "None" for no effect (1.e., zero variance). Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) LE BECK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results $ 20000 $ Variances Sales (Click to select) Variable expenses (Click to select) Contribution margin Fixed expenses (Click to select) (Click to select) Income from operations (Click to select)

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