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Required information The following information applies to the questions displayed below Brodrick Company expects to produce 20,500 units for the year ending December 31. A
Required information The following information applies to the questions displayed below Brodrick Company expects to produce 20,500 units for the year ending December 31. A flexible budget for 20,500 unlts of production reflects sales of $471,500; varlable costs of $61,500; and fixed costs of $142,000. Assume that actual sales for the year are $598,000 (28,000 units), actual varlable costs for the year are $113,000, and actual fixed costs for the year are $136,000. Prepare a flexible budget performance report for the year BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorablel Unfavorable Contribution margin
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