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The Controller of Frank's Filecabinets wishes to review the May 2023 performance report for the manager of the Newburgh profit center. Below is a partially
The Controller of Frank's Filecabinets wishes to review the May 2023 performance report for the manager of the Newburgh profit center. Below is a partially prepared performance report for the Controller. Please fill in the missing dollar figures for the variances and also identify with a "(U)" unfavorable variances and with an"(F)" for favorable variances. After filling in all blanks above please comment on (based on dollars) [ To get a more accurate assessment the Controller of Frank's Filecabinets believes a performance report based on a Flexible Budget would be more useful. He needs your help however. Create a flexible budget below using the information given and identify the amount of the variances as well as identify with a "(U)" unfavorable variances and with an"(F)" for favorable variances
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