Q5: Bromance had the following Budgeted Data from the fixed budget and the Actual results for the year ended December 31. Budgeted Data for 27000 units: Actual Data for 27040 units: Sales Sales $810,000 $324,000 $181,000 Prepare a flexible budget performance report for the year using a contribution margin format. Variable Cost Fixed Cost Bromance Flexible Budget Performance Report For Year Ended December 31 BUDGETED Var. per Unit Fixed Amt Variable Cost Fixed Cost @ 27040 actual units Actual Flex Budget $781,456 $342,056 $185,240 Variance

Prepare a flexible budget performance report for the year using a contribution margin format