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The following is data collected by Bees Co. for the month of June Static budget data: Sales Variable costs Total fixed costs Actual results Sales
The following is data collected by Bees Co. for the month of June Static budget data: Sales Variable costs Total fixed costs Actual results Sales Variable costs Total Fixed costs 619 11,000 units 53/unit 527 per unit 523,100 12,000 units 537/anit $28 per unit $22.100 Required: Prepare the flexible budgets and show the flexible budget variances by completing the table given below. Indicate the effect of each variance by selecting "P" for favourable, "U" for unfavourable, and "None" for no effect (le, zero variance). Actual Flexible Budget Flexible Buciget Variance Favourable Unfavourable Sales (units) Revenue ($) Variable expenses (S) Fixed expenses ($) Income ($) Static Budget 11,000 418,000 297.000 23.100 97.100 Click to select) Click to selech (Cick to select) Click to select
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