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The actual information pertains to the month of June. As a part of the budgeting process, Great Cabinets Company developed the following static budget for
The actual information pertains to the month of June. As a part of the budgeting process, Great Cabinets Company developed the following static budget for June. Great Cabinets is in the process of preparing the flexible budget and understanding the results. Sales volume (in units) Sales revenues Variable costs Contribution margin Fixed costs Operating profit ActualResults FlexibleBudget 16,000 $864,000 336,000 $528,000 276,800 $251,200 StaticBudget 19,000 $1,026,000 401,850 $624,150 269,100 $355,050 The flexible budget will report for variable costs. O A. $477,197 OB. $401,850 O C. $399,000 OD. $338,400
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