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The Clarkson Company produces engine parts for car manufacturers. A new accounting at Clarkson has been presented with some information for the year anded Deceber
The Clarkson Company produces engine parts for car manufacturers. A new accounting at Clarkson has been presented with some information for the year anded Deceber 31, 2018 The ai baget Information is based on estimated sales of 120,000 units with budgeted sales of $ 420,000 budgeted variable costs of $ 240,000, and budgeted fred costs of 120.000 The actual results for 2014 included sales of $ 715,000, variable costs of $ 4.32 per unit, and fixed costs of $ 140,000. Clarkson actually sold 130,000 units during 2014 Prepare a report showing the actual results against the flexible and static budgets. You do not need to calculate the variances
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