NancoNanco

Industries has a relevant range extending to 30,800 units each month. The following performance report provides information about Nanco's. Nanco's budget and actual performance for June.

NancoNanco

Industries has a relevant range extending to

30 comma 80030,800

units each month. The following performance report provides information about

Nanco'sNanco's

budget and actual performance for

JuneJune.

LOADING...

(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.)

Nanco Industries
Flexible Budget Performance Report: Sales and Operating Expenses
For the Month Ended June 30
		Flexible budget		Flexible	Volume
	Actual	variance		Budget	Variance		Master Budget
Output units	27,000			27000			30,800
Sales revenue	$253,500	$5,100	F	248400		U
Less: Variable expenses	189,000		U			F	$189,420
Contribution margin	64500		U			U
Less: Fixed expenses	18,500		F	24000	0	F	24,000
Operating income	46000		U			U

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.)

Nanco Industries
Flexible Budget Performance Report: Sales and Operating Expenses
For the Month Ended June 30
		Flexible budget		Flexible	Volume
	Actual	variance		Budget	Variance		Master Budget
Output units	27,000			27000			30,800
Sales revenue	$253,500	$5,100	F	248400		U
Less: Variable expenses	189,000		U			F	$189,420
Contribution margin	64500		U			U
Less: Fixed expenses	18,500		F	24000	0	F	24,000
Operating income	46000		U			U