Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help! third Budget 154,00 R$ 53,00 The actual information pertains to the third quarter. As part of the budgeting process, the Duck Decoy Department
please help! third Budget 154,00 R$ 53,00 The actual information pertains to the third quarter. As part of the budgeting process, the Duck Decoy Department of Paralith Incorporated had developed the following static budget for the third quarter. Duck Decoy is in the process of preparing the flexible budget and understanding the results. Actual Flexible Static Results Budget Budget Sales volume (in units) 15,000 11,000 Sales revenues $245.000 $ $235.000 Variable costs 139.000 5 - 184.000 Contribution margin 106,000 $ 51,000 Fixed costs 42.000 $ 31.000 Operating profit 164,000 $ 520,000 The flexible budget will report for variable costs. $250,909 $101.933 $184,000 145.000 s AJ $49 en sols
please help!
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started