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manufactures window panes. For 2022, the approved budget to manufacture and sell was 1,900 panes at P1,000 per pane. The budgets for costs were:
manufactures window panes. For 2022, the approved budget to manufacture and sell was 1,900 panes at P1,000 per pane. The budgets for costs were: P170 per pane (variable) and P144,000 (total fixed costs). Actual results for that year were as follows: 1,500 panes manufactured and sold at a selling price of P1,200 per pane. The actual total variable costs were P655,600, and the actual total fixed costs were P130,000. Prepare the flexible budget analysis by filling in the table below. Take note that you would only be inputting selected parts of the table. Except for numbers 6 and 7, no need to indicate if favorable or unfavorable, no need to indicate if positive or negative, just follow our standard format: 123,456 Actual Results Flexi-Budget Variance Flexible Budget Sales-Vol Variances Static Budget Revenues Variables Costs #2 #5 Fixed Costs Operating Income #1 #3 #4 #6 #7 #8 #1 type your answer... #2 type your answer... #3 type your answer.... #4 type your answer... #5 type your answer... #6 Is it Favorable or Unfavorable? choose your answer... #7 Is it Favorable or Unfavorable? choose your answer... #8 type your answer...
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