Refer to the information in Problem 21-1B. Toho Company reports actual amounts for the year below. Actual sales were 24,000 units. 4 Sales (24,000 units) Costs Direct materials Direct labor Sales staff commissions Depreciation Machinery Supervisory salaries Shipping Sales staff salaries (fixed annual amount) Administrative salaries Depreciation Office equipment Income Required Prepare a flexible budget performance report for the year. $3,648,000 1,400,000 360,000 60,000 250,000 219,000 214,000 162,000 450,000 140,000 $393,000

Refer to the information in Problem 21-1B. Toho Company reports actual amounts for the year below. Actual sales were 24,000 units. Required Prepare a flexible budget performance report for the year