Tanco Industries Flexible Budget Performance Report: Sales and Operating Expenses

Tanco Industries Flexible Budget Performance Report: Sales and Operating Expenses For the Month Ended November 30 Flexible budget variance Volume Variance Output units Sales revenue Less: Variable expenses Contribution margin Less: Fixed expenses Operating income Actual 24,000 s 225,000 s Flexible Budget 24000 Master Budget 30400 191,520 24,500 62140