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Manco Industries has a relevant range extending to 30,200 units each month. The following performance report provides information about Manco's budget and actual performance for
Manco Industries has a relevant range extending to 30,200 units each month. The following performance report provides information about Manco'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.) Volume Flexible budget variance Actual Flexible Budget 24000 Variance Master Budget Output units 24,000 30,200 Sales revenue $ 5,200 F 220800 226,000 $ 175,200 | $ 193,280 Less: Variable expenses Contribution margin Less: Fixed expenses 17,500 21,500 Operating income
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