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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 21,400 units for the year ending December 31. A flexible budget for 21,400 units of production reflects soles of $513,600; variable costs of $64 200; and fixed costs of $141,000, QS 08-3 Flexible budget LO P1 of the company instead expects to produce and sell 26,400 units for the year, calculate the expected level of income from operations. --Poble Budget - Flexible Budget at Variable Amount Total Fixed Cost 21.400 units per Unit 26,400 units Contribution margin Check my work Brodrick Company expects to produce 21,400 units for the year ending December 31. A flexible budget for 21,400 units of production reflects sales of $513,600; variable costs of $64,200: and fixed costs of $141,000. QS 08-4 Flexible budget performance report LO P1 Assume that actual sales for the year are $585,600 (26,400 units), actual variable costs for the year are $113,800, and actual fixed costs for the year are $132,000. Prepare a flexible budget performance report for the year. (Indicate the effect of each variance by selecting for favorable, unfavorable, and no variance.) BRODRICK COMPANY Flexible Budget Performance Report For Year Ended December 31 Flexible Budget Actual Results Variances Favorable Unfavorable Contribution margin
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