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Please solve they are part of one question Required information Use the following information for the Quick Study below. (Algo) [The following information applies to
Please solve they are part of one question
Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The fixed budget for 21,000 units of production shows sales of $588,000; variable costs of $63,000; and fixed costs of $140,000. QS 21-3 (Algo) Flexible budget income calculation LO P1 If the company actually produces and sells 27,300 units, calculate the flexible budget income. Required information Use the following information for the Quick Study below. (Algo) [The following information applies to the questions displayed below.] The fixed budget for 21,000 units of production shows sales of $588,000; variable costs of $63,000; and fixed costs of $140,000. QS 21-4 (Algo) Flexible budget performance report LO P1 The company's actual sales were 27,300 units at $717,400. Actual variable costs were $113,300 and actual fixed costs were $131,000. Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable. (Indicate the effect of each variance by selecting favorable, unfavorable, or no variance.)Step by Step Solution
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