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Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below Brodrick Company expects to produce
Required information Use the following information for the Quick Study below. [The following information applies to the questions displayed below Brodrick Company expects to produce 21,700 units for the year ending December 31. A flexible budget for 21,700 units of production reflects sales of $542,500; variable costs of $65,100; and fixed costs of $141,000 QS 23-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $632,500 (27,300 units), actual variable costs for the year actual fixed costs for the year are $135,000. are $113,500, and Prepare a flexible budget performance report for the year BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Actual Results Favorable/ Unfavorable Flexible Budget Variances Sales Variable expenses Contribution margin 0 Fixed expenses Income from operations 0
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