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Solitaire Company's fixed budget performance report for June follows. The $303,750 budgeted expenses include $259,200 variable expenses and $44,550 fixed expenses. Actual expenses include $51,550
Solitaire Company's fixed budget performance report for June follows. The $303,750 budgeted expenses include $259,200 variable expenses and $44,550 fixed expenses. Actual expenses include $51,550 fixed expenses Actual Fixed Budget Variances Results Sales (in units) Sales (in dollars) Total expenses Income from operations 8,100 $405,000 303,750 $101,250 10, 500 $525,000 367,500 $157,500 $120,000 63,750 U $ 56,250 F Prepare a flexible budget performance report showing any variances between budgeted and actual results. List fixed and variable expenses separately SOLITAIRE COMPANY Flexible Budget Performance Report For Month Ended June 30 Flexible Budget Actual ResultsVariances Fav./Unf Contribution margin
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