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Sanco Industries has a relevant range extending to 30,500 units each month. The following performance report provides information about Sanco's budget and actual performance for
Sanco Industries has a relevant range extending to 30,500 units each month. The following performance report provides information about Sanco's budget and actual performance for April. Click the icon to view the performance report.) Requirement Fill in all missing numbers in the table. Be sure to label any variances as favorable or unfavorable. (Enter the variances as positive numbers. If the variance is 0, make sure to enter in a "0". Label each variance as favorable (F) or unfavorable (U). Round intermediary calculations to the nearest cent.) Sanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended April 30 Flexible budget Flexible Volume Actual variance Budget Variance 28,000 28,000 Master Budget Output units 30,500 Sales revenue 5,600 F $ U 268,400 246,400 $ 175000 22,000 T Less: Variable expenses $ Fs $ 189, 100 190,400 $ 61,600 18,000 Contribution margin U F 79,300 21,000 Less: Fixed expenses c 58300 Operating income
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