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Sanco Industries has a relevant range extending to 31,500 units each month. The fllowing performance report provides information about Sanco's budget and actual performance for
Sanco Industries has a relevant range extending to 31,500 units each month. The fllowing performance report provides information about Sanco's budget and actual performance for June EEB (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 "O. 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 June 30 Data Table Flexible budget Flexible Volume Actual variance Budget Varianco Master Budget Flexible budget Flexible Volume Actual Budget Variance Master Budget 31,500 Output units 29,000 31,500 Output units 29,000 $246,500 $ Sales revenue Less: Variable expenses Contribution margin Less: Fixed expensers Operating income 5,800 F 194,300 Sales revenue Less: Variable expenses Contributon margin Less: Fixed expenses Operating income 195,300 S 246,500 S 5,800 F 194,300 195,300 15,000 21,500 15,000 21,500 PrintDone
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