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The fixed budget for 21,400 units of production shows sales of $428,000; variable costs of $64,200; and fixed costs of $142,000. The companys actual sales
The fixed budget for 21,400 units of production shows sales of $428,000; variable costs of $64,200; and fixed costs of $142,000.
The companys actual sales were 27,000 units at $498,000. Actual variable costs were $113,100 and actual fixed costs were $136,000.
Prepare a flexible budget performance report. Indicate whether each variance is favorable or unfavorable.
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