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The Blowing Balloon Company produces party balloons that are sold in multi-pack cases. To follow is the company's performance report in contribution margin format for
The Blowing Balloon Company produces party balloons that are sold in multi-pack cases. To follow is the company's performance report in contribution margin format for January: (Click the icon to view the performance report in contribution margin format.) Read the requirements. Data Table Requirement 1. What is the budgeted sales price per unit? The budgeted sales price per unit is $ The Blowing Balloon Company Actual vs. Budget Performance Report For the Month Ended January 31 Master Master Budget Actual Budget Variance 54,500 50,000 Sales volume (number of cases sold) Sales revenue $ 178,000 $ 97,500 155,000 85,000 Less: Variable expenses Contribution margin $ Less: Fixed expenses 80,500 $ 65,200 15,300 $ 70,000 64,000 6,000 $ Operating income Enter any number in the edit fields and then click Check
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