Question
The following data are given to you and asked to complete a performance report. Static Budget in output units 20,000 Actual output units produced and
The following data are given to you and asked to complete a performance report.
| Static Budget in output units | 20,000 |
| Actual output units produced and sold | 23,000 |
| Budgeted selling price per output unit | $40 |
| Budgeted variable cost per output unit | $25 |
| Budgeted total fixed costs per month | $200,000 |
| Actual revenue | $874,000 |
| Actual variable costs | $630,000 |
| Favorable variance in fixed costs | $5,000 |
Complete the 5 column flexible budget performance report
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| Actual Results | Flexible Budget Variance | Flexible Budget | Sales Volume Variance | Static Budget |
| Units Sold |
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| Revenue |
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| Variable Costs |
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| Contribution Margin |
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| Fixed Costs |
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| Operating Income |
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Mindful Brand Auditing The New Way To Explore Brand Value
Authors: Kurt Gassner
1st Edition
3987939176, 978-3987939174
