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Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce 21,000 units for the year ending December 31. A
Required information The following information applies to the questions displayed below.) Brodrick Company expects to produce 21,000 units for the year ending December 31. A flexible budget for 21000 units or production reflects sales of $462,000, variable costs of $63,000; and fixed costs of $140,000 If the company instead expects to produce and sell 26,900 units for the year, calculate the expected level of income from operations -Flexible Budget at -Flexible Budget Variable Amount Total Fixed Cost 21,000 units 26,900 units per Unit $ $ 0.00 0 0 $ Contribution margin $ OS 0 Required information The following information applies to the questions displayed below) Brodrick Company expects to produce 21000 units for the year ending December 31. A flexible budget for 21000 units of production reflects sales of $462,000; variable costs of $63,000; and fixed costs of $140,000 Assume that actual sales for the year are $546,800 (26,900 units), actual variable costs for the year are $113,400, and actual fixed costs for the year are $137,000 Prepare a flexible budget performance report for the year. (Indicate the effect of each voriance by selecting for favorable, unfavorable, and no variance.) -5 BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Variances Actual Results Favorable Unfavorable Flexible Budget 0 Contribution margin OS
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