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The actual information pertains to the month of June. As part of the budgeting process, Colonial Fencing Company developed the following static budget for September
The actual information pertains to the month of June. As part of the budgeting process, Colonial Fencing Company developed the following static budget for September Colonial is in the process of preparing the flexible budget and understanding the results Actual Results Flexible Budget Static Budget Sales volume (in units) 16 000 15,500 Sales revenuen 5610,000 $ 5558 000 Variable costs 256.000 5 300 000 Contribution margin 5354,000 5 $258.000 Fixed costs 229.000 226.000 Operating profit $125,000 $ $32000 The flexible budget for sales revenues will be? OA. 5573,500 OB. $558,000 OC 5576.000 @ D. $610,000
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