Management accounting

gle.com/document/d/1SYEKJ94sY2GpdbYrjYPoSOnbvQEkNEBzWJHyJaolOU/edit 100% - Normal text - Georgia 12 + BIU Complete the flexible budget for a manufacturing firm, shown below, and provide plausible explanations for the variances. Master Flexible Actual budget budget results Sales - units 25,000 20,000 Sales - revenue $1,250,000 $1,100,000 Variable expenses (600,000 (512,000) Cont. margin 650,000 588,000 Fixed expenses 450,000) $ (450,000) (458,000) Income before tax $200,000 $130,000