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Please include calculations Murphy Company managers received the following incomplete performance report: B (Click the icon to view the incomplete performance report.) Complete the performance
Please include calculations
Murphy Company managers received the following incomplete performance report: B (Click the icon to view the incomplete performance report.) Complete the performance report Identify the employee group that may deserve praise and the group that may be subject to criticism. Give your reasoning. - X Complete the performance report (Enter a "O" for any zero balances. For any $0 variances, leave the Favorable (F/Unfavorable (U) input blank.) Murphy Pro Company Flexible Budget Performance Report Data Table For the Year Ended July 31, 2018 Flexible Sales Actual Budget Flexible Volume Static Results Variance Budget Variance Budget Units 35,000 0 35,000 5,000 F Sales Revenue $ 219,000 S 0 $ 219,000 $ 27,000 F Variable Expenses 85,000 u 34,000 13,000 U Units Contribution Margin 134,000 U 135,000 14,000 F Sales Revenue Fixed Expenses 105,000 U 100,000 Variable Expenses Operating Income $ 29,000 35,000 $ 14,000 F Contribution Margin Fixed Expenses Choose from any list or enter any number in the input fields and then click Check Answer. Operating Income Murphy Company Flexible Budget Performance Report For the Year Ended July 31, 2018 Flexible Sales Actual Budget Flexible Volume Results Varlance Budget Variance 35,000 (a) 35,000 5,000 F S 219,000 (b) S 219,000 $ 27,000 F 85,000 (c) 84.000 13,000 V 134,000 (d) 135,000 14,000 F 105,000 (e) 100,000 0 S 29,000 10 S 35,000 $ 14,000 F Static Budget (9) (h) (0) ) (K) (0)Step by Step Solution
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